# Global Seasonal Climate Update for October-November-December 2024

> The WMO's seasonal update says ENSO conditions were neutral in June-August 2024, with weak La Niña conditions predicted for October-December 2024. The Indian Ocean Dipole is expected to return to near normal, and Atlantic sea surface temperatures are predicted to remain above normal.

- Date: 2024-09-27 · published 2024-09-27T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/28231-global-seasonal-climate-update-for-october-november-december-2024
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A weak La Niña would bring a wetter Southeast Asia and a drier South America, which tends to support palm oil and rice while raising risk to Argentine and Brazilian soy and corn. The signal is weak, so the price impact is likely limited for now.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2025-11-21 | [Global Seasonal Climate Update for December-January-February 2025/2026](https://feedsoft.ai/events/21853-global-seasonal-climate-update-for-december-january-february-2025-2026.md) | -0.5% | -1.9% |
| PALMOIL | 2026-09-02 | [Global Seasonal Climate Update - Target season: September-October-November 2026 - World \| ReliefWeb](https://feedsoft.ai/events/17394-global-seasonal-climate-update-target-season-september-october-november-2026.md) | -0.5% | -4.3% |
| PALMOIL | 2018-08-30 | [Seasonal climate outlook September - November 2018 \| Earth Sciences New Zealand \| NIWA](https://feedsoft.ai/events/63453-seasonal-climate-outlook-september-november-2018-earth-sciences-new-zealand-niwa.md) | +1.2% | -1.6% |
| PALMOIL | 2026-10-26 | [WMO Global Seasonal Climate Outlook informs humanitarian action](https://feedsoft.ai/events/17053-wmo-global-seasonal-climate-outlook-informs-humanitarian-action.md) | -0.4% | — |
| PALMOIL | 2018-11-19 | [IRI – International Research Institute for Climate and Society \| 2018 November Quick Look](https://feedsoft.ai/events/61967-iri-international-research-institute-for-climate-and-society-2018-november.md) | +0.5% | +3.7% |
| SOY | 2025-09-22 | [Global Seasonal Climate Update for October-November-December 2025](https://feedsoft.ai/events/22791-global-seasonal-climate-update-for-october-november-december-2025.md) | -1.1% | -0.6% |
| SOY | 2025-08-25 | [Global Seasonal Climate Update for September-October-November 2025](https://feedsoft.ai/events/23241-global-seasonal-climate-update-for-september-october-november-2025.md) | +0.0% | -2.5% |
| SOY | 2025-10-21 | [Global Seasonal Climate Update for November-December-January 2025-2026](https://feedsoft.ai/events/22313-global-seasonal-climate-update-for-november-december-january-2025-2026.md) | +3.4% | +12.2% |

## Sources

- wmo.int: https://wmo.int/media/update/global-seasonal-climate-update-october-november-december-2024

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.