The super El Niño could have devastating effects on global agriculture, with an estimated 14.3% reduction in production under extreme scenarios, costing the global economy $342 billion, according to Risilience. Vulnerable crops include coffee, cocoa, and palm oil, which are critical to many economies. Regional disparities in rainfall and temperature patterns may create winners and losers, but overall, the economic damage is expected to be severe. Households worldwide, already grappling with high living costs, could face further financial strain as food prices soar. (Source: Risilience, UBS)