# IRI – International Research Institute for Climate and Society | April 2021 Quick Look

> The IRI April 2021 ENSO summary reports that east-central Pacific sea surface temperatures were about 0.4 C below average in mid-April. Atmospheric indicators are consistent with weakening La Niña, and most models expect a transition to neutral conditions in April or May.

- Date: 2021-04-19 · published 2021-04-19T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/47523-iri-international-research-institute-for-climate-and-society-april-2021-quick
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A move from La Niña to neutral reduces the risk of drought in key exporting regions such as Argentina and southern Brazil. That eases supply concerns and weighs slightly on grain price premiums.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-04-20 | [IRI – International Research Institute for Climate and Society \| 2020 April Quick Look](https://feedsoft.ai/events/53554-iri-international-research-institute-for-climate-and-society-2020-april-quick.md) | -2.1% | -2.3% |
| WHEAT | 2019-04-19 | [IRI – International Research Institute for Climate and Society \| 2019 April Quick Look](https://feedsoft.ai/events/59509-iri-international-research-institute-for-climate-and-society-2019-april-quick.md) | -1.0% | -10.6% |
| WHEAT | 2020-06-19 | [IRI – International Research Institute for Climate and Society \| 2020 June Quick Look](https://feedsoft.ai/events/52522-iri-international-research-institute-for-climate-and-society-2020-june-quick.md) | +2.4% | -3.7% |
| WHEAT | 2019-03-19 | [IRI – International Research Institute for Climate and Society \| 2019 March Quick Look](https://feedsoft.ai/events/60007-iri-international-research-institute-for-climate-and-society-2019-march-quick.md) | +1.7% | -1.5% |
| WHEAT | 2017-06-15 | [IRI – International Research Institute for Climate and Society \| 2017 June Quick Look](https://feedsoft.ai/events/70407-iri-international-research-institute-for-climate-and-society-2017-june-quick.md) | +0.4% | +0.4% |
| SOY | 2020-04-20 | [IRI – International Research Institute for Climate and Society \| 2020 April Quick Look](https://feedsoft.ai/events/53554-iri-international-research-institute-for-climate-and-society-2020-april-quick.md) | -0.0% | +0.7% |
| SOY | 2021-06-18 | [IRI – International Research Institute for Climate and Society \| June 2021 Quick Look](https://feedsoft.ai/events/46479-iri-international-research-institute-for-climate-and-society-june-2021-quick.md) | +3.1% | +9.4% |
| SOY | 2021-10-19 | [IRI – International Research Institute for Climate and Society \| October 2021 Quick Look](https://feedsoft.ai/events/44471-iri-international-research-institute-for-climate-and-society-october-2021-quick.md) | +1.3% | +2.9% |

## Sources

- iri.columbia.edu: https://iri.columbia.edu/news/april-climate-briefing-la-nina-packing-her-bags/
- iri.columbia.edu: https://iri.columbia.edu/our-expertise/climate/forecasts/enso/2021-april-quick-look/

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