# What this year’s El Niño means for wheat and global food supply

> The World Meteorological Organization has declared the start of the first El Niño in seven years, with a 90% chance it develops in 2023 at moderate strength. The article says the global price impact on wheat and other staples is likely to be modest, though local effects could be severe.

- Date: 2023-07-13 · published 2023-07-13T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/34965-what-this-year-s-el-nino-means-for-wheat-and-global-food-supply
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Global wheat supply is unlikely to fall sharply from this event alone, so the price effect is modest and mostly a risk premium. Regional dryness in exporting countries could still tighten wheat supplies.

## Read by commodity

- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-07-18 | [How will El Nino impact the world’s wheat and global food supply - The University of Sydney](https://feedsoft.ai/events/34968-how-will-el-nino-impact-the-world-s-wheat-and-global-food-supply-the-university.md) | +2.0% | +1.1% |
| WHEAT | 2024-07-01 | [El Niño and La Niña: Impact on Global Agriculture and What to Expect Next](https://feedsoft.ai/events/29665-el-nino-and-la-nina-impact-on-global-agriculture-and-what-to-expect-next.md) | +6.6% | -1.3% |
| WHEAT | 2024-01-08 | [El Niño winter comes for wheat](https://feedsoft.ai/events/32049-el-nino-winter-comes-for-wheat.md) | -2.5% | -2.2% |
| WHEAT | 2026-01-23 | [Global wheat market faces steep competition amid ample supply](https://feedsoft.ai/events/21100-global-wheat-market-faces-steep-competition-amid-ample-supply.md) | +3.7% | +5.5% |
| WHEAT | 2026-06-22 | [Wheat rallies tough to sustain, but El Niño, supply risks remain](https://feedsoft.ai/events/18845-wheat-rallies-tough-to-sustain-but-el-nino-supply-risks-remain.md) | -1.6% | +1.9% |

## Sources

- theconversation.com: https://theconversation.com/what-this-years-el-nino-means-for-wheat-and-global-food-supply-209386

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