June 29, 2015
Weather forecasts have been highlighting the growing probability of a strong El Nino developing this year due to warm waters in the Pacific Ocean. In my latest work for Seeking Alpha I explain why El Nino could turn fundamentals in many agricultural commodities bullish after two straight years of bear markets. The prospects for an El Nino provides us with a low-risk high-reward potential for long positions in many agricultural markets where prices remain depressed.
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