# NOAA Issues Four-Season Outlook on August 18, 2022 - EconCurrents

> NOAA issued its monthly Four-Season Outlook on 18 August 2022, covering September, the next three months and longer periods. The forecast says the La Niña signal is likely to fade by early 2023, with a wetter outlook for the contiguous US from April to June 2023. The article discusses the outlook and its context.

- Date: 2022-08-20 · published 2022-08-20T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/39967-noaa-issues-four-season-outlook-on-august-18-2022-econcurrents
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The outlook suggests a wetter US in 2023, which would ease drought concerns for future crops. Price effects are limited because it is a routine forecast.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-08-21 | [Poultry Outlook: August 2020 - Poultry Producer](https://feedsoft.ai/events/51767-poultry-outlook-august-2020-poultry-producer.md) | +3.5% | +11.2% |
| CORN | 2019-09-19 | [U.S. Farm Income Outlook: August 2019 Forecast - EveryCRSReport.com](https://feedsoft.ai/events/57081-u-s-farm-income-outlook-august-2019-forecast-everycrsreport-com.md) | +2.3% | +4.2% |
| CORN | 2021-03-01 | [Economic Outlook: 2021 Corn Market Forecast - Corn South](https://feedsoft.ai/events/48142-economic-outlook-2021-corn-market-forecast-corn-south.md) | +0.6% | +5.4% |
| CORN | 2023-04-12 | [Global Food Crisis Update: Recent Developments, Outlook, and IMF Engagement in: IMF Notes Volume 2023 Issue 002 (2023)](https://feedsoft.ai/events/14404-global-food-crisis-update-recent-developments-outlook-and-imf-engagement-in-imf.md) | +0.7% | -0.9% |
| CORN | 2023-02-01 | [Four Corn Industry Highlights for 2023 from the USDA Ag Outlook Forum](https://feedsoft.ai/events/37350-four-corn-industry-highlights-for-2023-from-the-usda-ag-outlook-forum.md) | +1.2% | -4.9% |
| SOY | 2019-09-19 | [U.S. Farm Income Outlook: August 2019 Forecast - EveryCRSReport.com](https://feedsoft.ai/events/57081-u-s-farm-income-outlook-august-2019-forecast-everycrsreport-com.md) | +0.1% | +4.4% |
| SOY | 2018-11-29 | [Outlook for U.S. Agricultural Trade: November 2018 \| Economic Research Service](https://feedsoft.ai/events/61931-outlook-for-u-s-agricultural-trade-november-2018-economic-research-service.md) | +2.1% | -0.9% |
| SOY | 2022-07-18 | [Canola Market Outlook: July 18, 2022](https://feedsoft.ai/events/40594-canola-market-outlook-july-18-2022.md) | -2.1% | +13.9% |

## Sources

- econcurrents.com: https://econcurrents.com/2022/08/20/noaa-issues-four-season-outlook-on-august-18-2022/

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