SYDNEY (Reuters) - Weather models indicate a low chance of an El Nino, the Australian Bureau of Meteorology (BOM) said on Tuesday, after indicators of the climate event eased in recent weeks.
El Nino - a warming of sea-surface temperatures in the Pacific - can prompt drought in Southeast Asia and Australia and heavy rains in South America, hitting production of food such as rice, wheat and sugar.
(Reporting by Colin Packham; Editing by Richard Pullin)