# IRI – International Research Institute for Climate and Society | September Climate Briefing: El Niño Stalls in Neutral

> IRI's September 25 climate briefing says the El Niño event has stalled in neutral conditions, with the latest weekly Niño3.4 anomaly at -0.3°C. Forecasters note little subsurface heat remains in the tropical Pacific, so a return to El Niño is unlikely in the near term.

- Date: 2019-09-25 · published 2019-09-25T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/56985-iri-international-research-institute-for-climate-and-society-september-climate
- 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

With no El Niño developing, the usual drought risk for Australia, India, Southeast Asia and southern Africa is reduced, which limits upside pressure on wheat, rice and corn. The outlook is supportive of normal crop supplies and does not add a new price driver.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-09-28 | [IRI – International Research Institute for Climate and Society \| September Climate Briefing: Surprise La Niña or Ephemeral Cooling?](https://feedsoft.ai/events/68869-iri-international-research-institute-for-climate-and-society-september-climate.md) | +2.6% | +2.3% |
| CORN | 2017-12-27 | [IRI – International Research Institute for Climate and Society \| December Climate Briefing: New Year, Same La Niña](https://feedsoft.ai/events/67399-iri-international-research-institute-for-climate-and-society-december-climate.md) | +0.4% | +1.3% |
| CORN | 2021-05-26 | [IRI – International Research Institute for Climate and Society \| May Climate Briefing: Neutral Conditions are Here](https://feedsoft.ai/events/46986-iri-international-research-institute-for-climate-and-society-may-climate.md) | +8.1% | +6.4% |
| CORN | 2020-05-26 | [IRI – International Research Institute for Climate and Society \| May Climate Briefing: ENSO-Neutral Conditions Dominate](https://feedsoft.ai/events/53045-iri-international-research-institute-for-climate-and-society-may-climate.md) | +1.3% | +3.0% |
| CORN | 2017-05-25 | [IRI – International Research Institute for Climate and Society \| May Climate Briefing: El Niño Odds Down Slightly](https://feedsoft.ai/events/70913-iri-international-research-institute-for-climate-and-society-may-climate.md) | -0.2% | -1.2% |
| SOY | 2017-09-28 | [IRI – International Research Institute for Climate and Society \| September Climate Briefing: Surprise La Niña or Ephemeral Cooling?](https://feedsoft.ai/events/68869-iri-international-research-institute-for-climate-and-society-september-climate.md) | -0.8% | +1.0% |
| SOY | 2017-12-27 | [IRI – International Research Institute for Climate and Society \| December Climate Briefing: New Year, Same La Niña](https://feedsoft.ai/events/67399-iri-international-research-institute-for-climate-and-society-december-climate.md) | +0.1% | +3.4% |
| SOY | 2021-05-26 | [IRI – International Research Institute for Climate and Society \| May Climate Briefing: Neutral Conditions are Here](https://feedsoft.ai/events/46986-iri-international-research-institute-for-climate-and-society-may-climate.md) | +3.4% | -8.4% |

## Sources

- iri.columbia.edu: https://iri.columbia.edu/news/september-climate-briefing-el-nino-stalls-in-neutral/

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