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May 9, 2020WEATHERUS

ENSO Teleconnections and Impacts During U.S. Summertime

A NOAA Climate Program Office page on ENSO teleconnections and impacts during the U.S. summer was published May 9, 2020. The text provided contains only the title and no substantive findings.

WHY IT MATTERS

Without quantified findings in the text, the page gives no clear signal on how ENSO will affect U.S. summer crop yields or prices.

AFFECTSCorn Soybeans Wheat (SRW)Palm Oil

SOURCE
cpo.noaa.govKristina KiestMay 9, 2020

Price reaction & history

Cornno directional readSO FAR1d -1.5%5d -1.4%20d +1.9%

After 2,467 past weather events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.5% to +1.7%), and +0.6% over 20.

Oct 18, 2023Current ENSO and IOD Conditions, Forecasts, and the Potential Impacts+1.9%
Mar 25, 2025The Growing Impact of ENSO on U.S. Extreme Drought and Flood Events - NOAA/AOML-1.5%
Jul 10, 2025Climate Prediction Center sees 56% chance of ENSO neutral conditions in August-October-1.0%
Feb 1, 2025La Niña conditions present with a transition to ENSO-neutral likely during March-May 2025 (66% chance) | Climate and Agriculture in the Southeast+0.6%
Jul 1, 2021Maladaptation of U.S. corn and soybeans to a changing climate - Scientific Reports-2.9%

Soybeansno directional readSO FAR1d +0.4%5d -1.2%20d +1.9%

After 1,964 past weather events, Soybeans moved a median +0.1% over 5 sessions (51% higher; middle half -1.7% to +1.8%), and +0.3% over 20.

Wheat (SRW)no directional readSO FAR1d -1.8%5d -2.6%20d -1.2%

After 1,773 past weather events, Wheat (SRW) moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +2.1%), and +0.2% over 20.

Oct 18, 2023Current ENSO and IOD Conditions, Forecasts, and the Potential Impacts-1.9%
Mar 25, 2025The Growing Impact of ENSO on U.S. Extreme Drought and Flood Events - NOAA/AOML-1.9%
Jan 18, 2022Global supplies, climate, and political pressure impacting prices for grain farmers | farmnewsNOW+2.2%
Jul 10, 2025Climate Prediction Center sees 56% chance of ENSO neutral conditions in August-October-1.8%
Feb 1, 2025La Niña conditions present with a transition to ENSO-neutral likely during March-May 2025 (66% chance) | Climate and Agriculture in the Southeast+0.3%

Palm Oilno directional readSO FAR1d 0.0%5d +1.2%20d +17.5%

After 361 past weather events, Palm Oil moved a median +0.0% over 5 sessions (51% higher; middle half -1.3% to +1.3%), and -0.2% over 20.

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

Corn CORN · GP ▸

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Soybeans SOY · GP ▸

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