Parallels to 1997

Emerging Markets Issues Could Derail El Nino's Impact on Prices

http://cmsappprod01.dtn.com/netpub/server.np?original=17664&site=DTN&catalog=catalog
Prices of agricultural commodities generally rise during El Ninos, but a CME economist argues the current El Nino draws parallels to 1997, when the Asian currency crisis, a strong dollar and falling non-ag commodity prices kept prices from rising.

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