| El Niņo is a weather phenomenon caused by the warming of the Pacific Ocean that has been known to cause extreme weather patterns and disrupt commodities around the world. Recently the Australian Bureau of Meteorology indicated that six out of seven weather models suggested that sea surface temperatures in the Pacific Ocean could exceed El Niņo thresholds as early as July.
This was followed by the International Research Institute for Climate and Society raised the probability for an El Niņo event in August to 70 percent, an increase from its earlier forecast of 60 percent...............................................Full Article: Source
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