Higher prices mean a catastrophe for poor countries
More people are interested in agricultural commodities today due to the phenomenon of El Nino/La Nina. The change of sea currents happens once per several years and causes severe weather conditions. Keeping a cool head about the catastrophic forecasts of El Nino this year, we have to acknowledge (based on previous years) the fact that commodity prices climb during this event. Last time it happened in 2011.
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