El Nino has peaked. World Weather Incorporated Sr. Ag Meteorologist Drew Lerner says effects have not been as drastic as expected. Forecasts predicted very dry weather in tropic areas causing futures for commodities like sugar and cocoa move higher. “In retrospect, this El Nino has not lived up to what everyone was concerned with,” said Lerner. “Many areas ended up with a relatively good distribution of rain.” World Weather expects a weakening El Nino to bring moisture to the northern plains relieving areas of drought. “I’m thinking late in the winter and early in the spring we ought to do better with precipitation across the region.”
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