{"id":178218,"date":"2023-10-21T01:14:49","date_gmt":"2023-10-20T19:44:49","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=178218"},"modified":"2023-10-21T01:14:49","modified_gmt":"2023-10-20T19:44:49","slug":"global-food-price-indexes-unlikely-to-rise-materially-during-el-nino-event-anz-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/global-food-price-indexes-unlikely-to-rise-materially-during-el-nino-event-anz-crypto-news\/","title":{"rendered":"Global food price indexes unlikely to rise materially during El Ni\u00f1o event \u2013 ANZ – Crypto News"},"content":{"rendered":"

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All major weather agencies have formally announced the onset of El Ni\u00f1o. Strategists at ANZ Bank believe El Ni\u00f1o related disruptions will be short-lived and contained for the Asia-Pacific.<\/p>\n

El Ni\u00f1o is a regional story<\/h2>\n
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While production losses due to El Ni\u00f1o will exert upward pressure on food commodity prices in Asia and Australia, we believe the impact on food inflation will be regional and short-lived.<\/p>\n<\/blockquote>\n

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Upside risks to grain prices come from higher input (fertilizer, fuel oil) prices and the Russia-Ukraine war. Higher energy prices could impact food commodities by increasing the cost of production and boosting demand from the biofuel sector.\u00a0<\/p>\n<\/blockquote>\n

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The disruption in grain exports has so far been limited, despite the scrapping of the Black Sea Grain Initiative, but an escalation of that conflict remains a risk. The other risk involved is El Ni\u00f1o being stronger and\/or going on longer than expected.<\/p>\n<\/blockquote>\n

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Share: All major weather agencies have formally announced the onset of El Ni\u00f1o. Strategists at ANZ Bank believe El Ni\u00f1o related disruptions will be short-lived and contained for the Asia-Pacific. El Ni\u00f1o is a regional story While production losses due to El Ni\u00f1o will exert upward pressure on food commodity prices in Asia and Australia, […]<\/p>\n","protected":false},"author":2,"featured_media":178219,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[8346,1176,299,201,248,251,246,351,257,255,250,683,252,247,253,249,256,254],"class_list":["post-178218","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-agriculture","tag-asia","tag-banks","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-commodities","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oil","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/178218","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=178218"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/178218\/revisions"}],"predecessor-version":[{"id":178220,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/178218\/revisions\/178220"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/178219"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=178218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=178218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=178218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}