# El Nino and La Nina | Red River Farm Network

> Red River Farm Network reports, citing a U.S. government forecaster, that El Niño will likely fade by June and La Niña will follow in the second half of the year. It warns the transition period can bring wildfires, cyclones and prolonged droughts.

- Date: 2024-05-09 · published 2024-05-09T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/30153-el-nino-and-la-nina-red-river-farm-network
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

The transition to La Niña threatens drought in key US and South American grain areas, which could tighten supplies of corn, soybeans and barley for feed.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-07-31 | [It’s a Late Crop \| Red River Farm Network](https://feedsoft.ai/events/40513-it-s-a-late-crop-red-river-farm-network.md) | +3.1% | +4.2% |
| CORN | 2019-12-26 | [Brazil Corn and Soybeans Developing Nicely \| Red River Farm Network](https://feedsoft.ai/events/55420-brazil-corn-and-soybeans-developing-nicely-red-river-farm-network.md) | +0.6% | +1.6% |
| CORN | 2021-09-25 | [Grain Traders Keep an Eye on La Nina’s Impact on Global Production \| Red River Farm Network](https://feedsoft.ai/events/44993-grain-traders-keep-an-eye-on-la-nina-s-impact-on-global-production-red-river.md) | +1.5% | +1.7% |
| CORN | 2021-12-16 | [Cordonnier: A Split Decision \| Red River Farm Network](https://feedsoft.ai/events/13760-cordonnier-a-split-decision-red-river-farm-network.md) | -2.7% | +0.4% |
| CORN | 2019-05-31 | [The Start of a Corn Market Rally \| Red River Farm Network](https://feedsoft.ai/events/59125-the-start-of-a-corn-market-rally-red-river-farm-network.md) | -2.5% | +3.0% |
| SOY | 2022-07-31 | [It’s a Late Crop \| Red River Farm Network](https://feedsoft.ai/events/40513-it-s-a-late-crop-red-river-farm-network.md) | -1.4% | -1.9% |
| SOY | 2021-09-25 | [Grain Traders Keep an Eye on La Nina’s Impact on Global Production \| Red River Farm Network](https://feedsoft.ai/events/44993-grain-traders-keep-an-eye-on-la-nina-s-impact-on-global-production-red-river.md) | -3.0% | -5.0% |
| SOY | 2022-03-13 | [Argentina Tries to Hold Onto Soybean Supplies \| Red River Farm Network](https://feedsoft.ai/events/14045-argentina-tries-to-hold-onto-soybean-supplies-red-river-farm-network.md) | -1.3% | -0.1% |

## Sources

- rrfn.com: https://www.rrfn.com/2024/05/09/el-nino-and-la-nina/

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