# 964. Convergence of El Niño and Expected Transition to La Niña | Japan International Research Center for Agricultural Sciences | JIRCAS

> JIRCAS reports that NOAA sees El Niño normalizing in April with a 79% chance, and a 55% chance of La Niña between June and August. The article also links climate change to more extreme weather and says agriculture will be hit harder.

- Date: 2024-02-26 · published 2024-02-26T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/31587-964-convergence-of-el-nino-and-expected-transition-to-la-nina-japan
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The shift toward La Niña points to drier risk for Americas crops in the second half of 2024, while climate-driven heat and drought add to yield uncertainty. The effect on prices is a forward-looking risk rather than an immediate supply change.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-06-08 | [Agricultural production threatened by combination of El Niño and high input prices - Joint Research Centre](https://feedsoft.ai/events/18726-agricultural-production-threatened-by-combination-of-el-nino-and-high-input.md) | -0.9% | +0.5% |
| CORN | 2020-10-23 | [IRI – International Research Institute for Climate and Society \| October Climate Briefing: La Niña Comes Knocking](https://feedsoft.ai/events/50562-iri-international-research-institute-for-climate-and-society-october-climate.md) | +0.8% | +10.6% |
| CORN | 2020-07-21 | [IRI – International Research Institute for Climate and Society \| July Climate Briefing: La Niña Watch Issued](https://feedsoft.ai/events/52035-iri-international-research-institute-for-climate-and-society-july-climate.md) | -0.3% | +2.6% |
| CORN | 2017-09-28 | [IRI – International Research Institute for Climate and Society \| September Climate Briefing: Surprise La Niña or Ephemeral Cooling?](https://feedsoft.ai/events/68869-iri-international-research-institute-for-climate-and-society-september-climate.md) | +2.6% | +2.3% |
| CORN | 2018-07-30 | [IRI – International Research Institute for Climate and Society \| July Climate Briefing: Models Continue to Predict El Niño in Coming Months](https://feedsoft.ai/events/63936-iri-international-research-institute-for-climate-and-society-july-climate.md) | +1.3% | -1.6% |
| SOY | 2020-10-23 | [IRI – International Research Institute for Climate and Society \| October Climate Briefing: La Niña Comes Knocking](https://feedsoft.ai/events/50562-iri-international-research-institute-for-climate-and-society-october-climate.md) | -2.0% | +9.7% |
| SOY | 2020-07-21 | [IRI – International Research Institute for Climate and Society \| July Climate Briefing: La Niña Watch Issued](https://feedsoft.ai/events/52035-iri-international-research-institute-for-climate-and-society-july-climate.md) | +0.4% | +1.1% |
| SOY | 2017-09-28 | [IRI – International Research Institute for Climate and Society \| September Climate Briefing: Surprise La Niña or Ephemeral Cooling?](https://feedsoft.ai/events/68869-iri-international-research-institute-for-climate-and-society-september-climate.md) | -0.8% | +1.0% |

## Sources

- jircas.go.jp: https://www.jircas.go.jp/en/program/proc/blog/20240226

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