# Repairing the roof when the sun is out

> A World Bank blog post argues that El Nino is an underappreciated climate risk in East Asia and the Pacific and that preparedness matters even in a non-strong year. It recaps the history of El Nino and La Nina events and their damage to regional agriculture.

- Date: 2019-12-03 · published 2019-12-03T12:00:00.000Z
- Category: report · region East Asia and Pacific · magnitude low
- Page: https://feedsoft.ai/events/55499-repairing-the-roof-when-the-sun-is-out
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

This is general commentary on climate preparedness with no new supply event, so it has negligible direct price implications for feed markets.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-11-14 | [Is This the Year of Super Corn?](https://feedsoft.ai/events/67835-is-this-the-year-of-super-corn.md) | +0.2% | +3.1% |
| CORN | 2024-07-01 | [Is the Cattle Market Topping and When Will Corn Bottom? - AgWeb](https://feedsoft.ai/events/7976-is-the-cattle-market-topping-and-when-will-corn-bottom-agweb.md) | +0.4% | +2.1% |
| CORN | 2023-06-06 | [The price of eggs is dropping after a major spike. Here's why.](https://feedsoft.ai/events/35504-the-price-of-eggs-is-dropping-after-a-major-spike-here-s-why.md) | +5.1% | -3.8% |
| CORN | 2024-11-14 | [What is USDA seeing?](https://feedsoft.ai/events/27343-what-is-usda-seeing.md) | +0.2% | +0.4% |
| CORN | 2020-02-10 | [eFeedLink - The end of a trend? World feed output stops growing](https://feedsoft.ai/events/54565-efeedlink-the-end-of-a-trend-world-feed-output-stops-growing.md) | -1.6% | -1.2% |
| SOY | 2020-11-09 | [Is the US Out of Soybeans?](https://feedsoft.ai/events/50181-is-the-us-out-of-soybeans.md) | +3.9% | +5.5% |
| SOY | 2024-07-01 | [Is the Cattle Market Topping and When Will Corn Bottom? - AgWeb](https://feedsoft.ai/events/7976-is-the-cattle-market-topping-and-when-will-corn-bottom-agweb.md) | +2.1% | -8.3% |
| SOY | 2024-11-14 | [What is USDA seeing?](https://feedsoft.ai/events/27343-what-is-usda-seeing.md) | -1.4% | -0.8% |

## Sources

- blogs.worldbank.org: https://blogs.worldbank.org/en/climatechange/repairing-roof-when-sun-out

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