That La Niña event is having a big, big impact right now. Michael Magdovitz More Quotes by Michael Magdovitz More Quotes From Michael Magdovitz We are seeing Russia make moves in terms of its navy, and I think that could be a concern for flows of goods. Michael Magdovitz If there is a big break in the market — which we don't see, necessarily, across a lot of these commodities — it will be taken with both hands by consumers, that will limit the ability of prices to fall. Michael Magdovitz