Zamin, a Brazilian iron ore company, is considering a London flotation. The company’s decision to look at a London listing comes just weeks after Ferrous Resources…
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La Niña gathers herself to upset crop prices
Already buffeted by drought in Russia and floods in Pakistan, commodity markets are now facing up to a new potential disruption: La Niña.
The recurring weather phenomenon, caused by a fall in water temperature in the tropical Pacific, could alter rainfall and temperature patterns across some of the world’s most important tracts of agricultural land.
The effect on individual crops is hard to predict, as a negative effect on growing conditions in one area might be balanced out by better conditions elsewhere.
Thanks for reading,
Luis Aparicio
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