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Irrigation water runs along the dried-up ditch between the rice farms to provide water for the rice fields on Thursday, May 1, 2014, in Richvale, Calif. (AP Photo/Jae C. Hong, File)

(Bloomberg) — The El Nino that disrupted weather worldwide last year has peaked. Now forecasters are predicting what may be next for the world’s climate.

A number of El Nino-Southern Oscillation indicators suggest that the 2015-16 El Nino has peaked and weather models predict it will decline in coming months, Australia’s Bureau of Meteorology said on its website on Tuesday. Conditions will return to neutral during the second quarter with a chance of La Nina in the second half of 2016, it said.

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