[El Niño disrupts supply and agricultural product futures prices heat up] September 12th: According to reports, affected by El Niño, extreme weather risks have increased in some production areas around the world, and some agricultural product supply expectations have been disrupted. Recently, the popularity of the A-share agricultural industry chain from planting and seed industry to chemical fertilizers and pesticides has continued to rise, and futures prices of various agricultural products have strengthened. The World Meteorological Organization recently predicted that this round of El Niño will further strengthen in the coming months. Institutional insiders believe that weather disturbances may affect the supply of some agricultural products and transmit them to agricultural input demand, consumption of substitutes and other links. However, the impact on each production area and variety is different. Whether the market can continue depends on the changes in production reduction expectations and actual supply and demand. (China Securities News)