El Nino may be back by winter
By Brian K. Sullivan, Bloomberg
It’s time to start watching natural gas, coffee and cocoa markets again — because a weather-changing El Nino could be arriving just in time for winter.
The U.S. Climate Prediction Center issued an El Nino watch across the equatorial Pacific Thursday, with the odds jumping to 64 percent chance that it will come from December to February. That’s up from a 49 percent chance in the agency’s monthly report in May.