Concerns about the arrival of a new El Niņo weather phenomenon have increased in recent weeks. A possible new El Niņo cycle has a major impact on the global commodities market. El Niņo - a weather phenomenon that occurs once every five years on average - involves periodical warm ocean water temperatures off the western coast of South America which can cause climatic changes across the Pacific Ocean.
Its impact on harvests and the world varies; sometimes passing almost unnoticeable (such as in 2010) but it can also be felt worldwide...............................................Full Article: Source
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