The El Niño phenomenon is hitting the world's largest sugar producers

The El Niño phenomenon is hitting the world's largest sugar producers, exposing the crop's vulnerability to climate events and providing a first glimpse of broader threats to farmers and global food inflation,

Coverage (2 sources)

• World sugar prices reached annual maximum — РИАМО
• Sugar market price set new record due to El Nino — Ведомости

Key entities

• Moscow
• Bloomberg
• ICE Futures