Dwindling chance of El Niño in second half of year

After scares of possible El Niño conditions returning in 2017, current outlooks predict neutral conditions for this spring. The Australian Bureau of Meteorology changed its El Niño-Southern Oscillation (ENSO) outlook to inactive, with the American Climate Prediction Centre doing the same. “ENSO-neutral is favoured (50 to 55% chance) through the…

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Market outlook for Namibia, Kenya and Zambia for February 2017

Absa's most recent monthly market outlook over the most important commodities in southern Africa looks at the fall of weaner exports from Namibia to South Africa, the low supply of grain in Kenya and the impact of the fall army worm in Zambia. Namibia Production expectation in Namibia looks positive…

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