Will El Niño send food prices soaring this summer?
Australia’s farm sector currently faces a double whammy from weather and non-weather related factors: a confirmed El Niño effect and surging inflationary pressures. The Bureau of Meteorology says a strong El Niño is underway in late spring and into summer in Australia. This week it said: Models indicate the current event is likely to become the strongest El Niño event on record, with reliable records dating back to 1950. The research division of the Department of Agriculture, known as ABARES…
Where: Australia
Exact coordinates
australia: -25.270, 133.780
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