# ENSO Neutral Conditions: June 2021 NOAA Update

> NOAA's June 2021 ENSO update expects neutral conditions through the summer, with a 78% chance of neutral in June-August. La Niña odds rise through the fall, reaching 53% for November-January.

- Date: 2021-06-10 · published 2021-06-10T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/46482-enso-neutral-conditions-june-2021-noaa-update
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A developing La Niña later in 2021 raises the risk of dryness in Argentina, southern Brazil and the US Plains, a bullish factor for soybean meal and corn into the 2021/22 crop year.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-06-09 | [June 2022 ENSO update: how does your garden grow? \| NOAA Climate.gov](https://feedsoft.ai/events/40857-june-2022-enso-update-how-does-your-garden-grow-noaa-climate-gov.md) | -2.7% | -6.3% |
| SOY | 2021-10-14 | [October 2021 ENSO update: La Niña is here! \| NOAA Climate.gov](https://feedsoft.ai/events/44467-october-2021-enso-update-la-nina-is-here-noaa-climate-gov.md) | +4.2% | +0.7% |
| SOY | 2022-05-12 | [May 2022 ENSO update: piece of cake \| NOAA Climate.gov](https://feedsoft.ai/events/41332-may-2022-enso-update-piece-of-cake-noaa-climate-gov.md) | +0.8% | +7.2% |
| SOY | 2020-08-01 | [July 2020 ENSO update: La Niña Watch!](https://feedsoft.ai/events/52034-july-2020-enso-update-la-nina-watch.md) | -3.0% | +5.9% |
| SOY | 2021-01-14 | [January 2021 La Niña update: remote destinations \| NOAA Climate.gov](https://feedsoft.ai/events/49072-january-2021-la-nina-update-remote-destinations-noaa-climate-gov.md) | -2.9% | -3.1% |
| CORN | 2022-06-09 | [June 2022 ENSO update: how does your garden grow? \| NOAA Climate.gov](https://feedsoft.ai/events/40857-june-2022-enso-update-how-does-your-garden-grow-noaa-climate-gov.md) | -1.6% | -0.5% |
| CORN | 2021-10-14 | [October 2021 ENSO update: La Niña is here! \| NOAA Climate.gov](https://feedsoft.ai/events/44467-october-2021-enso-update-la-nina-is-here-noaa-climate-gov.md) | +3.2% | +13.8% |
| CORN | 2022-05-12 | [May 2022 ENSO update: piece of cake \| NOAA Climate.gov](https://feedsoft.ai/events/41332-may-2022-enso-update-piece-of-cake-noaa-climate-gov.md) | -0.3% | -0.9% |

## Sources

- snowbrains.com: https://snowbrains.com/noaa-june-2021-enso-update-too-early-to-predict-la-nina-for-21-22/

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