# El Niño's impact on U.S. Farmers | American Ag Network

> American Ag Network reports that Farmers Business Network expects 2024 weather to combine El Niño through early summer with a switch to La Niña by late summer and early fall. Corn, wheat and soybean yields are expected to rise this year, while rice yields are expected to decline slightly. Planting dates are expected to be slightly earlier for wheat and rice and typical for corn and soybeans.

- Date: 2024-03-21 · published 2024-03-21T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/31128-el-nino-s-impact-on-u-s-farmers-american-ag-network
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Expected higher US corn, soybean and wheat yields point to larger supplies, which would weigh on feed grain and meal prices.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- RICE: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-06-01 | [El Nino may hammer Asian farms with dry weather, but shower American growers](https://feedsoft.ai/events/35407-el-nino-may-hammer-asian-farms-with-dry-weather-but-shower-american-growers.md) | -2.2% | -3.2% |
| CORN | 2021-01-19 | [Soybeans fall on South American rainfall](https://feedsoft.ai/events/8231-soybeans-fall-on-south-american-rainfall.md) | +0.0% | +0.0% |
| CORN | 2025-07-18 | [Mostly Favorable Weather Leading to Solid Early Yield Estimates \| American Ag Network](https://feedsoft.ai/events/13075-mostly-favorable-weather-leading-to-solid-early-yield-estimates-american-ag.md) | -0.0% | -2.5% |
| CORN | 2024-12-19 | [A Big Brazilian Crop \| Red River Farm Network](https://feedsoft.ai/events/13530-a-big-brazilian-crop-red-river-farm-network.md) | +2.0% | +7.4% |
| CORN | 2017-01-25 | [Harvest update from South America – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/72856-harvest-update-from-south-america-ohio-ag-net-ohio-s-country-journal.md) | +1.0% | +1.9% |
| SOY | 2021-01-19 | [Soybeans fall on South American rainfall](https://feedsoft.ai/events/8231-soybeans-fall-on-south-american-rainfall.md) | -5.2% | -2.3% |
| SOY | 2023-09-26 | [After historic drought, El Niño rains pose new hurdle for Brazil’s farmers](https://feedsoft.ai/events/13625-after-historic-drought-el-nino-rains-pose-new-hurdle-for-brazil-s-farmers.md) | -1.6% | -0.8% |
| SOY | 2019-12-19 | [U.S. grains: Soy futures ease on rains in South American forecasts - Grainews](https://feedsoft.ai/events/55628-u-s-grains-soy-futures-ease-on-rains-in-south-american-forecasts-grainews.md) | +1.0% | +0.1% |

## Sources

- americanagnetwork.com: https://www.americanagnetwork.com/2024/03/21/el-ninos-impact-on-u-s-farmers/

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