Recently, the topic “A super El Niño has been formed” hit the headlines. According to the Food and Agriculture Organization of the United Nations report, the FAO Food Price Index rose to its highest level in nearly four years in September. Experts pointed out that the “hardest hit areas” of climate shocks are concentrated on tropical cash crops, in order of probability of impact: cocoa, robusta coffee, palm oil, and sugar. Most of the tropical cash crops are perennial tree species. Their ability to withstand short-term climatic disturbances is weak. Prices rise, and pressure will gradually be transmitted to the downstream food and oil processing industries.

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