El Nino is expected to continue for several months, with a 73% chance it will retreat between April and June, the National Weather Service's Climate Prediction Center (CPC) said on Thursday. El Nino is a weather pattern associated with a disruption of wind patterns that means warmer ocean surface temperatures in the eastern and central Pacific. Costs of staples in Brazil, including beef and rice, have started to accelerate following a drop in farm output blamed on El Nino.
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