Here’s the best place to hedge severe El Niño shocks to the food supply chain, BofA says
Reported by CNBC · cnbc.com · August 19, 2026
One country appears to be the best place to hedge market impact from severe El Niño shocks to global food supply chains, according to Bank of America.
What the tape says
What to watch: Monitor chip inventory cycles — overhang periods precede sharp upside moves in semis.
Market reaction today: $BAC +1.04%
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