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Bracing For La Niña's Impact On Commodities
Wednesday, November 18, 2020 - 11:44am | 1692By Erik Norland Sea-surface temperatures have fallen to below normal levels along the central and east-central equatorial band of the Pacific Ocean, heralding what appears to be the onset of a La Niña (Figure 1). This would mark the ninth La Niña since 1959 (Figure 2). Previous...
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How Will La Niña Impact Agricultural Markets This Year?
Tuesday, November 3, 2020 - 1:18pm | 87By Erik Norland La Niña tends to lift prices and heighten volatility, but with grain exports outside the US rising, will the weather phenomenon have the same market impact? To learn more about futures and options, go to Benzinga’s futures and options education resource.
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How Is Winter Shaping Up For Natural Gas Stocks?
Monday, September 26, 2016 - 12:33pm | 406Now that summer has officially come to an end, natural gas investors are shifting their focus to the upcoming winter weather season to determine whether or not a cold winter will help boost gas prices. The latest data from the National Oceanic and Atmospheric Administration (NOAA) suggests the...
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Goldman Sachs Initiates Endesa Americas At Neutral, $13 Target
Tuesday, June 28, 2016 - 11:56am | 216Goldman Sachs initiated coverage on Endesa Americas SA – ADR (NYSE: EOCA) with a Neutral Rating and $13 price target, which implies an estimated total return of 7 percent compared to 12.4 percent for the bank's Chilean utilities coverage. According to the report published Monday, the next step in...
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Here's How La Niña Could Affect Markets
Saturday, December 26, 2015 - 1:02pm | 398This winter, El Nino was responsible for increasing sea surface temperatures which in turn gave rise to unpredictable weather, affecting agricultural commodities like palm oil, sugar and dairy. Unusual weather patters made it difficult for farmers to maintain their crop yields and prices rose in...