Lovers of sweet treats could be hit by rising sugar prices

Sugar for sale at a supermarket in Yichang City, in China’s Hubei province, on April 6, 2023. Future Publishing | Future Publishing | Getty Images A mammoth rally in 2023 for El Niño-exposed raw materials will likely hit consumers’ pockets over the coming months, according to one specialist food and agribusiness bank. Soft commodities have … Read more

Cocoa farmers face mounting challenges as El Nino rages on

A woman spreads cocoa beans during the sun-drying process in the backyard of her house in Asikasu, Ghana on December 19, 2020. Cristina Aldehuela | Afp | Getty Images El Nino is here to stay — and that’s bad news for cocoa crops which are highly sensitive to weather changes.  Frequent extreme weather events caused … Read more

The Looming El Niño May Price the World Trillions of {Dollars}

Whereas the results of El Niño are extra concentrated within the tropics, different areas will really feel the warmth as properly. The southwestern United States tends to get extra rain, whereas the northern components of the nation heat up. One upside: El Niño sometimes reduces hurricane exercise within the Atlantic Ocean.  Courtesy of Christopher Callahan Tropical … Read more