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via marketwatch.comMarkets

A 'super' El Nino may soon make coffee much more expensive

FROM THE WIRE · MARKETWATCH.COM

Agricultural markets around the world are already dealing with record-high diesel prices and high fertilizer costs. A “super” El Niño is almost guaranteed to make matters worse for farmers and consumers.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA strong El Nino can reduce agricultural harvests and push up food commodities such as coffee.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Agricultural markets worldwide already face record-high diesel prices and high fertilizer costs.
  2. 02A 'super' El Nino is almost guaranteed to make matters worse for farmers and consumers.
  3. 03The article warns that coffee could become much more expensive.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Coffee CCOMMODITY:COFFEECommodity316.15 USc-0.16%today 0.00%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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