# Comment: Weather awaits next trend - Manitoba Co-operator

> Karen Braun writes that La Niña has ended and El Niño may arrive later in 2023, with timing still unclear. Model-based forecasts show 64% odds of El Niño for the July-centred period, and potential impacts include mega-drought in Indonesia, India and parts of Australia.

- Date: 2023-04-11 · published 2023-04-11T12:00:00.000Z
- Category: weather · region Global · magnitude medium
- Page: https://feedsoft.ai/events/36318-comment-weather-awaits-next-trend-manitoba-co-operator
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Rough Rice](https://feedsoft.ai/c/RICE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Earlier El Niño arrival would raise drought risk for Asian and Australian crops, which could support palm oil, rice and wheat prices, though US summer crop impacts are smaller.

## Read by commodity

- RICE: bullish ▲
- WHEAT: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-07-11 | [Palm oil price trends – The effect of extreme weather - Fastmarkets](https://feedsoft.ai/events/35142-palm-oil-price-trends-the-effect-of-extreme-weather-fastmarkets.md) | +1.3% | -0.5% |
| PALMOIL | 2025-04-11 | [Tariffs and weather impact global canola markets \| Stock Journal \| SA](https://feedsoft.ai/events/11671-tariffs-and-weather-impact-global-canola-markets-stock-journal-sa.md) | -0.6% | -5.1% |
| PALMOIL | 2023-01-10 | [What is El Niño, and how does it affect the weather and temperatures?](https://feedsoft.ai/events/37701-what-is-el-nino-and-how-does-it-affect-the-weather-and-temperatures.md) | -4.6% | -3.0% |
| PALMOIL | 2018-11-08 | [Ag Weather Forum](https://feedsoft.ai/events/61971-ag-weather-forum.md) | -4.9% | -5.3% |
| PALMOIL | 2018-09-10 | [New El Niño weather event likely this winter says WMO](https://feedsoft.ai/events/62950-new-el-nino-weather-event-likely-this-winter-says-wmo.md) | -1.2% | -2.4% |
| RICE | 2023-01-10 | [What is El Niño, and how does it affect the weather and temperatures?](https://feedsoft.ai/events/37701-what-is-el-nino-and-how-does-it-affect-the-weather-and-temperatures.md) | +1.7% | -0.9% |
| RICE | 2026-04-09 | [Rising Odds of Strong El Niño Point to Global Weather and Crop Impacts - Bloomberg](https://feedsoft.ai/events/19631-rising-odds-of-strong-el-nino-point-to-global-weather-and-crop-impacts-bloomberg.md) | -1.4% | +6.9% |
| RICE | 2026-07-24 | [Rice rates hit 10-month high as weather concerns grip major hubs - The HinduBusinessLine](https://feedsoft.ai/events/18426-rice-rates-hit-10-month-high-as-weather-concerns-grip-major-hubs-the.md) | -2.6% | +0.1% |

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/comment/comment-weather-awaits-next-trend/

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