Plate bread will be expensive, will El Nino set fire to the prices of food items worldwide?

The World Meteorological Organization has made it clear that this year 'El-Nino' ​​will show its orgy in the world. In such a situation, can the bread on your plate become expensive, will it affect the prices of wheat worldwide?

There were already indications about the impact of El-Nino in the year 2023, now the Global Meteorological Organization has also put its stamp on it. This is the first time in the last 7 years that the effect of El-Nino is expected to be severe. Can it make the roti on your plate costlier, can it have a profound impact on the price of food items? Let's understand…

If you understand El-Nino in a very simple language, then it is a seasonal phenomenon of sea water warming in the Pacific Ocean. But its effect is seen all over the world, especially from Brazil, Australia, Indonesia, Peru, Ecuador to the Indian subcontinent. This year, there is a 90 percent chance of El Nino conditions forming in the Pacific Ocean.

This is how the weather of these countries will change

According to the Global Meteorological Organization, the El-Nino of the year 2023 will work to increase the heat in countries like Brazil, Australia and Indonesia. Due to this, the situation of fire in the forests and drought can be faced in many areas of the country. At the same time, in countries like Peru and Ecuador, there can be a situation of excessive rain and flood.

However, in both the cases, there will be massive damage to the crops. But will it have a widespread effect on crops like wheat, maize and paddy. Can this work to make 'thali' expensive all over the world? There is also an atmosphere of concern about this at the global level.

This is the track record of El Nino

Estimating the global impact of El Nino has always been difficult. However, due to increase in inflation, it affects a large population of the world. It has more effect on the poor and rural population. But does it really increase the food price that much?

If we look at the effect of 10 El-Nino events in the last 5 decades, then its effect on the price of food grains has been negligible. Although it has resulted in lower crop yields, it has not made much of an impact on making the 'breadbasket' costlier around the world.

Its effect has been dire in some places, such as Malaysia and Indonesia, which mainly supply palm oil to the world, due to El-Nino, its price has also seen an increase. At the same time, the availability of food decreased in some countries, due to which the conditions of quarrel and starvation were seen.

Will the price of food items increase worldwide?

The United Nations Food Price Index tracks international food prices on a monthly basis. According to this, apart from the normal inflation pattern, there has not been much increase in the price of food grains in El Nino years. Rather, in the two most dangerous El Nino years in the last 3 decades, a decrease in the prices of food items was recorded. The year 2015 also saw a drop in prices as the supply was stronger than the demand that year.