Saturday, November 8, 2014

On the other hand, in California, which is currently facing a severe drought, farmers are hoping th


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The El Niño phenomenon -in which the central and eastern Pacific Ocean waters near the equator are heated than other areas; it happens every four to twelve years. The worst recorded in late 1990 killed more than 2,000 people and caused billions of dollars food processor biscuits in damage.
A strong El Niño (boy in Spanish) can simultaneously Marana crops in Australia, Southeast Asia, India and Africa, when other areas of the world such as the USA and Brazil, "drown" in the rain.
Last month, the World Meteorological Organization food processor biscuits of the United Nations saw that there was an "enhanced potential" appearance of a weak El Nino around mid-2014, while Australian meteorologists warned that El Niño will "hit" this year.
"The world is already preparing for El Niño, which if confirmed, could sow panic in the market and cause prices of certain basic foods to fly", does the Vanessa Tan, analyst at investment firm Phillip Futures in Singapore.
The probability of return of El Niño already helped prices of cocoa to catch the highest level in the last two and a half years old this month, amid fears that dry weather in key growing regions of Africa and Asia will trigger a global deficit.
It is very likely that other agricultural commodities to follow this example food processor biscuits if confirmed predictions about El Niño. It could affect wheat crops in Australia, as well as sugar in India, No. 2 producer of sugar in the world, reducing the monsoon rains that are key to agriculture.
Also in Asia, where it grows more than 90% of the world's rice is the main producer of coffee and corn, drought caused food processor biscuits by the El Niño could hurt crops in Thailand, Indonesia, Vietnam, the Philippines and China.
On the other hand, in California, which is currently facing a severe drought, farmers are hoping that El Niño could bring rain, and thus contribute to solving water problems in the region.
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