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09 Mar 2016 description

The 2015-2016 El Niño has passed its peak but it remains strong and will continue to influence the global climate. It is expected to weaken in the coming months and fade away during the second quarter of 2016. The World Meteorological Organization states that models indicate a return to an El Niño neutral state during the second quarter of 2016. Meanwhile, strong El Niño conditions are quite likely through March-April. It is too early to predict if there will then be a swing to La Niña (the opposite of El Niño).

25 Jul 2008 description

HIGHLIGHTS

- World cereal production in 2008 is forecast to increase 2.8 percent to a record 2 180 million tonnes. Most of the increase is in wheat following significant expansion in plantings in all regions. Coarse grains output is expected around the bumper level of last year but lower than earlier anticipated due to severe floods in the United States, the world's largest producer and exporter. Rice is tentatively forecast to increase slightly from last year's good level.

- Despite the anticipated increase in world output, cereal markets will remain tight in 2008/09.