If you’ve been keeping up with the weather reports lately, then you’ve probably heard a lot about El Nino and its impact on the current weather. Shane Hubbard, research scientist at the Space Science and Engineering Center at University of Wisconsin-Madison, said that El Nino has a key impact on what’s happening in South America, which is important considering the focus the markets have on that area.
Hubbard added that global weather patterns, including events like hurricanes, play a key role in agriculture, especially when it comes to commodity prices.
Resilient crops and adaptive farming practices, including the use of drought-resistant hybrids, can help to mitigate the potential issues of unpredictable weather patterns.