hehe

$WHEAT - Don't Fight the Climate.

Short
CBOT:ZW1!   Wheat Futures
24
What do you know about the effect El Nino? Did you know that there is also the La Nina? El Nino and La Nina are opposite phases of what is known as the El Nino-Southern Oscillation (ENSO) cycle.
The ENSO cycle is a scientific term that describes the fluctuations in temperature between the ocean and atmosphere in the east-central Equatorial Pacific.

La Nina is sometimes referred to as the cold phase of ENSO and El Nino as the warm phase of ENSO. These deviations from normal surface temperatures can have large-scale impacts not only on ocean processes, but also on global weather and climate.

These anomalies may have impact on crop production. In brief - La Nina results in a decreased crop yields, El Nino increases the yields. Growth crop yields will reduce the price and yield reduction gives us the opposite situation.

Adapt to Climate Change, Don't Fight It.

www.elnino.noaa.gov/

en.wikipedia.org/wiki/La_Niña

en.wikipedia.org/wik...Southern_Oscillation


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.