# Hints of El Nino in Early Winter

> DTN's Bryce Anderson notes that Pacific Southern Oscillation Index readings and sea surface temperatures now resemble a weak El Nino, with the 30-day SOI near -10 and the 90-day near -9. Equatorial Pacific pools are 1 to 2 degrees Celsius above normal. The article suggests a 90-day SOI at -8 or lower could affect U.S. Midwest weather.

- Date: 2019-12-02 · published 2019-12-02T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/55503-hints-of-el-nino-in-early-winter
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A developing weak El Nino raises the chance of altered Midwest and South American weather in the coming season, a modest bullish factor for corn and soy risk premium.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-11-16 | [Ethanol struggles in early winter](https://feedsoft.ai/events/56054-ethanol-struggles-in-early-winter.md) | +0.0% | +2.0% |
| CORN | 2018-12-24 | [Early winter weather puts U.S. safe-haven corn planting in doubt](https://feedsoft.ai/events/61606-early-winter-weather-puts-u-s-safe-haven-corn-planting-in-doubt.md) | -0.4% | +0.8% |
| CORN | 2024-02-08 | [El Nino waning, La Nina to develop in second half of 2024](https://feedsoft.ai/events/31586-el-nino-waning-la-nina-to-develop-in-second-half-of-2024.md) | -1.4% | +1.6% |
| CORN | 2021-12-01 | [Winter 2021-22: La Nina Sequel](https://feedsoft.ai/events/43521-winter-2021-22-la-nina-sequel.md) | +8.0% | +4.8% |
| CORN | 2018-09-10 | [New El Niño weather event likely this winter says WMO](https://feedsoft.ai/events/62950-new-el-nino-weather-event-likely-this-winter-says-wmo.md) | -3.5% | +1.4% |
| SOY | 2024-02-08 | [El Nino waning, La Nina to develop in second half of 2024](https://feedsoft.ai/events/31586-el-nino-waning-la-nina-to-develop-in-second-half-of-2024.md) | -1.6% | -2.7% |
| SOY | 2021-12-01 | [Winter 2021-22: La Nina Sequel](https://feedsoft.ai/events/43521-winter-2021-22-la-nina-sequel.md) | +2.7% | +11.4% |
| SOY | 2024-05-09 | [El Nino to end by June, La Nina seen in second half of 2024, says U.S. forecaster \| Reuters](https://feedsoft.ai/events/30149-el-nino-to-end-by-june-la-nina-seen-in-second-half-of-2024-says-u-s-forecaster.md) | +0.1% | -1.1% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/ag-weather-forum/blog-post/2019/12/02/hints-el-nino-early-winter

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