‘Super’ El Niño may soon make your coffee super expensive
Published . Updated .
Agricultural markets around the world are already dealing with record-high diesel prices and high fertilizer costs. A “super” El Niño is almost guaranteed to make matters worse for farmers and consumers.
Directly affected
- No company is named in this report.
Indirectly affected
- SPY SPDR S&P 500
The broad U.S. stock market
- TLT iShares 20+ Year Treasury Bond
Long-term U.S. government bonds
- QQQ Invesco QQQ
Large technology stocks
- GLD SPDR Gold Shares
Gold can move with the broad market
Price reaction, T-5 to T+3
Agricultural markets around the world are already dealing with record-high diesel prices and high fertilizer costs. A “super” El Niño is almost guaranteed to make matters worse for farmers and consumers.
Source: MarketWatch
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