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Post #35266

@marketsalpha

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PostedMay 1505/15/2026, 04:42 PM
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🌧️🍞 Heavy rains and unusually cold weather in Russia have resulted in the worst start to spring sowing in years, threatening a decrease in wheat harvests. As the world's largest wheat exporter, this could significantly impact global markets, according to Bloomberg. Additionally, climatologists anticipate that this year's El Niño will be the strongest since 1877, potentially raising sea surface temperatures in the eastern Pacific by at least 3 degrees, reminiscent of the conditions that led to mass famine from 1877 to 1878.