El Niño is expected to continue for a few months, with a 73% chance of a retreat between April and June, the US National Weather Service's Climate Prediction Center said on Thursday. El Niño is a weather phenomenon that disrupts wind patterns, resulting in warmer temperatures on the surface of the central and eastern Pacific. Furthermore, it can cause extreme phenomena, such as fires, cyclones and droughts, affecting emerging markets, vulnerable to variations in food and energy prices.
In Brazil, Conab reported that due to excessive heat, it damaged national grain production. On the other hand, also in South America, Ecuador rationed energy due to a drought caused by the phenomenon, which reduced the production of hydroelectric plants.
“El Niño generally produces warmer, wetter winters, which can result in heavy snow and power outages. Over the past 10 years, Generac has been monitoring and observing a 20% increase in power outages (in the US) in the winter months. said Aaron Jagdfeld, chief executive of power equipment maker Generac.
Finally, Japan's meteorological department reported that El Niño has a 40% chance of persisting until late spring in the Northern Hemisphere.
Source: Anjana Anil and Mrinalika Roy | Notícias Agrícolas
