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BofA points to one country to hedge severe El Niño food shock
Bank of America said one country stands out as a hedge against market impacts from severe El Niño disruptions to global food supply chains.
Bank of America identified one country as the best place to hedge potential market impacts from severe El Niño shocks to global food supply chains, according to CNBC World.
The bank’s view centers on how weather-driven disruptions to food production and logistics could ripple through agricultural markets, with the selected country expected to offer a relative buffer, the outlet said.
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