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Pick of BL commodities - November 1, 2026

Drought-bearing El Nino is ramping up into a very severe weather event, while crops from maize to coffee are likely to be impacted by it across the world. El Nino will also lead to consumers paying a higher price for sugar over the next year as next season’s planting has been affected by dry weather. The Indian government has extended duty-free imports of cotton until December 31 to boost supplies. ICAR-IARI, in association with ArcelorMittal Nippon Steel, has tasted success in using iron ore tailings for agriculture. Investments into gold exchange-traded funds turned net negative in the week…