# December 2019 ENSO update: neutral, rinse, repeat | NOAA Climate.gov

> NOAA's December 2019 ENSO update says neutral conditions are solidly in place in the tropical Pacific. Forecasters give a 70% chance neutral persists through winter and 65% through spring.

- Date: 2019-12-12 · published 2019-12-12T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/55496-december-2019-enso-update-neutral-rinse-repeat-noaa-climate-gov
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Neutral ENSO conditions reduce the likelihood of a major weather shock to South American or Australian crops in the near term, so this is a mildly bearish backdrop for weather premium in grains and oilseeds.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-06-01 | [May 2025 ENSO update: eye of neutral](https://feedsoft.ai/events/24585-may-2025-enso-update-eye-of-neutral.md) | +0.5% | -2.2% |
| CORN | 2022-12-06 | [Island Climate Update 266 - December 2022 \| Earth Sciences New Zealand \| NIWA](https://feedsoft.ai/events/38156-island-climate-update-266-december-2022-earth-sciences-new-zealand-niwa.md) | +1.1% | +4.8% |
| CORN | 2018-07-27 | [Look South, ENSO Forecasters! \| NOAA Climate.gov](https://feedsoft.ai/events/63937-look-south-enso-forecasters-noaa-climate-gov.md) | +0.9% | -1.9% |
| CORN | 2021-07-22 | [ENSO as a climate conductor for global crop yields \| NOAA Climate.gov](https://feedsoft.ai/events/45979-enso-as-a-climate-conductor-for-global-crop-yields-noaa-climate-gov.md) | -2.8% | -2.1% |
| CORN | 2025-04-01 | [March 2025 ENSO update: neutral conditions expected soon](https://feedsoft.ai/events/25496-march-2025-enso-update-neutral-conditions-expected-soon.md) | +1.0% | +2.2% |
| SOY | 2025-06-01 | [May 2025 ENSO update: eye of neutral](https://feedsoft.ai/events/24585-may-2025-enso-update-eye-of-neutral.md) | +1.5% | -1.7% |
| SOY | 2022-12-06 | [Island Climate Update 266 - December 2022 \| Earth Sciences New Zealand \| NIWA](https://feedsoft.ai/events/38156-island-climate-update-266-december-2022-earth-sciences-new-zealand-niwa.md) | +1.6% | +2.8% |
| SOY | 2018-07-27 | [Look South, ENSO Forecasters! \| NOAA Climate.gov](https://feedsoft.ai/events/63937-look-south-enso-forecasters-noaa-climate-gov.md) | +2.5% | -2.2% |

## Sources

- content-drupal.climate.gov: https://content-drupal.climate.gov/news-features/blogs/enso/december-2019-enso-update-neutral-rinse-repeat

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