From food to shipping: how El Niño impacts the global economy
Published . Updated .
A severe El Niño could reduce harvests, disrupt shipping routes, and increase government spending across multiple regions at once.
Directly affected
- No company is named in this report.
Indirectly affected
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story.
- IYT iShares U.S. Transportation ETF
iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story.
- DBA Invesco DB Agriculture Fund-6.3% 30d
Invesco DB Agriculture Fund: it follows farm commodity prices. Linked by “harvest” (grains and farm goods) in this story.
- MATX Matson-5.7% 9d
Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.
- ZIM ZIM Integrated Shipping Services+1.3% 30d
ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.
- KEX Kirby+3.8% 30d
Kirby (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.
- DAC Danaos
Danaos (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story.
- ADM Archer-Daniels-Midland-11.2% 30d
Archer-Daniels-Midland (fats and oils): crop traders and farm suppliers move with grain prices and trade. Linked by “harvest” (grains and farm goods) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| BWET | -4.39% | -3.93% | base | -2.22% | after close | after close | after close |
| IYT | -1.16% | -1.02% | base | +1.94% | after close | after close | after close |
| DBANo price data for this ticker | — | — | — | — | — | — | — |
| MATX | +2.55% | +2.06% | base | +0.68% | after close | after close | after close |
| ZIM | +4.03% | +4.49% | base | +1.99% | after close | after close | after close |
| KEX | -6.43% | +1.44% | base | -0.13% | after close | after close | after close |
| DAC | +0.47% | +0.95% | base | after close | after close | after close | after close |
| ADMNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
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From food to shipping: how El Niño impacts the global economy DW.com
Source: DW.com
Amplify Commodity Trust (BWET) compared with industrial stocks (XLI) since 2 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | that day | -2.22% | still updating |
| Amplify Commodity Trust (BWET) | three days earlier | -3.93% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | -4.39% | final price |
| DAC | three days earlier | +0.95% | final price |
| DAC | five days earlier | +0.47% | final price |
| Ishares Tr (IYT) | that day | +1.94% | still updating |
| Ishares Tr (IYT) | three days earlier | -1.02% | final price |
| Ishares Tr (IYT) | five days earlier | -1.16% | final price |
| Kirby (KEX) | that day | -0.13% | still updating |
| Kirby (KEX) | three days earlier | +1.44% | final price |
| Kirby (KEX) | five days earlier | -6.43% | final price |
| Matson (MATX) | that day | +0.68% | still updating |
| Matson (MATX) | three days earlier | +2.06% | final price |
| Matson (MATX) | five days earlier | +2.55% | final price |
| ZIM Integrated Shipping Services (ZIM) | that day | +1.99% | still updating |
| ZIM Integrated Shipping Services (ZIM) | three days earlier | +4.49% | final price |
| ZIM Integrated Shipping Services (ZIM) | five days earlier | +4.03% | final price |
Who gains and who loses around Amplify Commodity Trust (BWET)
Companies mentioned with this story
- BWET Amplify Commodity Trust
Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “From food to shipping: how El Niño impacts the global economy.” Reason on file: Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story
- IYT Ishares Tr
In “From food to shipping: how El Niño impacts the global economy,” Ishares Tr (IYT) is linked, with no stored direction, medium confidence. Reason on file: iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story
- ZIM ZIM Integrated Shipping Services
In “From food to shipping: how El Niño impacts the global economy,” ZIM Integrated Shipping Services (ZIM) is linked, with no stored direction, medium confidence. Reason on file: ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story
- MATX Matson
Matson (MATX) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “From food to shipping: how El Niño impacts the global economy.” Reason on file: Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story
- KEX Kirby
Kirby (KEX) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “From food to shipping: how El Niño impacts the global economy.” Reason on file: Kirby (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story
- GSL Global Ship Lease
In “From food to shipping: how El Niño impacts the global economy,” Global Ship Lease (GSL) is linked, with no stored direction, medium confidence. Reason on file: Global Ship Lease (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “shipping” (container shipping) in this story
Amplify Commodity Trust (BWET) and the shipping link
The 2 Nov 2026 story “From food to shipping: how El Niño impacts the global economy” names Amplify Commodity Trust (BWET) because of Shipping.
Amplify Commodity Trust (BWET) is on the page because Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story
Also listed, Ishares Tr (IYT): iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “shipping” (container shipping) in this story
Price levels for Amplify Commodity Trust (BWET)
BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. ZIM traded between 28.73 and 30.98 across 20 sessions. The latest close on file is 29.73.
How strong the case is around Amplify Commodity Trust (BWET)
46 out of 100Price not final
“From food to shipping: how El Niño impacts the global economy” scores 46 out of 100. The score uses 1 sources, and 6 linked companies. The price is not final yet.