# IRI – International Research Institute for Climate and Society | 2020 October Quick Look

> The IRI October Quick Look puts mid-October Pacific sea-surface temperatures about 1 degree C below average, consistent with La Niña. The official CPC/IRI outlook gives an 85% chance of La Niña for winter, and a La Niña advisory is in effect.

- Date: 2020-10-19 · published 2020-10-19T12:00:00.000Z
- Category: weather · region Global · magnitude medium
- Page: https://feedsoft.ai/events/50564-iri-international-research-institute-for-climate-and-society-2020-october-quick
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A likely winter La Niña increases the chance of drought in South America and the US, a supply risk that tends to support soybean and corn prices.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 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) | +0.7% | +10.3% |
| CORN | 2018-10-19 | [IRI – International Research Institute for Climate and Society \| 2018 October Quick Look](https://feedsoft.ai/events/62470-iri-international-research-institute-for-climate-and-society-2018-october-quick.md) | -2.9% | -6.2% |
| CORN | 2017-10-19 | [IRI – International Research Institute for Climate and Society \| 2017 October Quick Look](https://feedsoft.ai/events/68373-iri-international-research-institute-for-climate-and-society-2017-october-quick.md) | +0.4% | -5.5% |
| CORN | 2024-09-19 | [IRI – International Research Institute for Climate and Society \| September 2024 Quick Look](https://feedsoft.ai/events/28234-iri-international-research-institute-for-climate-and-society-september-2024.md) | -0.7% | -2.4% |
| CORN | 2022-07-19 | [IRI – International Research Institute for Climate and Society \| July 2022 Quick Look](https://feedsoft.ai/events/40389-iri-international-research-institute-for-climate-and-society-july-2022-quick.md) | -9.0% | -1.2% |
| 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% |
| SOY | 2018-10-19 | [IRI – International Research Institute for Climate and Society \| 2018 October Quick Look](https://feedsoft.ai/events/62470-iri-international-research-institute-for-climate-and-society-2018-october-quick.md) | -2.5% | +2.9% |
| SOY | 2017-10-19 | [IRI – International Research Institute for Climate and Society \| 2017 October Quick Look](https://feedsoft.ai/events/68373-iri-international-research-institute-for-climate-and-society-2017-october-quick.md) | -0.9% | -0.8% |

## Sources

- iri.columbia.edu: https://iri.columbia.edu/our-expertise/climate/forecasts/enso/2020-october-quick-look/

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