# Strong El Niño event will contribute to high food assistance needs through 2024 | FEWS NET

> FEWS NET says the strong El Niño will keep 105-110 million people needing food assistance through at least early 2024. Needs are rising in Southern Africa and Latin America and falling in East Africa. The agency warns that drought and above-average temperatures will hit agricultural production and food prices in drought-prone areas.

- Date: 2023-10-03 · published 2023-10-03T12:00:00.000Z
- Category: weather · region Southern Africa · magnitude low
- Page: https://feedsoft.ai/events/33548-strong-el-nino-event-will-contribute-to-high-food-assistance-needs-through-2024
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Below-average rainfall expected in Southern Africa and Latin America points to weaker maize and other crop output in those regions, which can support import demand and corn prices. The effect is mostly regional and gradual.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-10-30 | [El Niño Forecast to Contribute to Food Insecurity - NASA Science](https://feedsoft.ai/events/33546-el-nino-forecast-to-contribute-to-food-insecurity-nasa-science.md) | -3.3% | -6.3% |
| CORN | 2024-04-24 | [NASA SVS \| El Niño Forecast to Contribute to Food Insecurity](https://feedsoft.ai/events/30653-nasa-svs-el-nino-forecast-to-contribute-to-food-insecurity.md) | -0.5% | +3.3% |
| CORN | 2017-11-21 | [Farming News - Rabobank: Weather event among threats to global food price stability in 2018](https://feedsoft.ai/events/67910-farming-news-rabobank-weather-event-among-threats-to-global-food-price.md) | -1.3% | +5.0% |
| CORN | 2019-06-15 | [Weak El Niño could continue through summer](https://feedsoft.ai/events/58502-weak-el-nino-could-continue-through-summer.md) | -0.8% | -0.8% |
| CORN | 2017-12-15 | [La Niña expected to continue through winter - Brownfield Ag News](https://feedsoft.ai/events/67402-la-nina-expected-to-continue-through-winter-brownfield-ag-news.md) | +2.7% | +2.5% |

## Sources

- fews.net: https://fews.net/global/alert/october-2023

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