This is the best summary I could come up with:

SANTIAGO, Oct 19 (Reuters) - The El Nino weather phenomenon will last at least through the first half of 2024, according to the latest United Nations forecasts, with abnormal rainfall due across Latin America raising fears for the agricultural sector.

Pacific sea surface temperatures soared in recent months, "with stronger warming along the South American coast," said the report from the Food and Agriculture Organization of the United Nations (FAO) accessed by Reuters on Thursday.

Forecasts for the first quarter of 2024 show more rain than usual in southern cone countries such as Peru and Ecuador, as well as Mexico, alongside ongoing dry conditions in Brazil, Guyana and Suriname.

The report also stresses that agriculture, which includes crops, livestock, forests and fishing, is particularly vulnerable given the sector can absorb 26% of economic losses during extreme weather conditions and up to 82% during drought.

The El Nino and its opposing La Nina weather patterns have impacted the production of key crops such as wheat, rice and corn in Latin America, which are highly dependent on raw materials.

Extreme conditions brought by El Nino is hitting the region but it is also simultaneously facing climate change effects such as heat waves, said the report.

The original article contains 280 words, the summary contains 203 words. Saved 28%. I'm a bot and I'm open source!