Generally speaking, when El Nino happens, it brings drought to Indonesia, Australia, South Asia and northeast Brazil. El Nino also brings lots of rain to North America and the west coast of South America. We've seen three major El Ninos in the past 35 years.

The price of Malaysia's palm oil jumped almost 170 percent in 1982 and 1983 due to the El Nino effect. Meanwhile, the great drought also caused wheat output to decrease 50 percent in Australia and New Zealand. 

Major coffee bean production regions were hit by a strong El Nino between 1997 and 1998. As a result, coffee prices shot 200 percent in that time. Palm oil production decreased 7.1 percent and 5.5 percent in Indonesia and Malaysia, which pushed up prices 155 percent.

The latest strong El Nino was between 2009 and 2010. Major sugar producers Brazil and India suffered great losses. Global sugar prices increased about 120 percent in that period. Coffee prices also jumped 100 percent due to the weather's impact.