# IRI – International Research Institute for Climate and Society | 2019 June Quick Look

> The IRI June 2019 ENSO Quick Look reports that tropical Pacific sea-surface temperatures held at weak El Niño levels through May and early June. The official CPC/IRI outlook gives a 66% chance El Niño continues through June-August, falling to 50-55% through fall and winter.

- Date: 2019-06-19 · published 2019-06-19T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/58501-iri-international-research-institute-for-climate-and-society-2019-june-quick
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A persisting El Niño raises the risk of drought in Australia, India and Southeast Asia and can shift rainfall in the Americas, tightening oilseed and grain supplies and supporting feed prices.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-04-19 | [IRI – International Research Institute for Climate and Society \| 2019 April Quick Look](https://feedsoft.ai/events/59509-iri-international-research-institute-for-climate-and-society-2019-april-quick.md) | -1.1% | +2.5% |
| CORN | 2022-07-19 | [IRI – International Research Institute for Climate and Society \| July 2022 Quick Look](https://feedsoft.ai/events/40389-iri-international-research-institute-for-climate-and-society-july-2022-quick.md) | -9.0% | -1.2% |
| CORN | 2018-10-19 | [IRI – International Research Institute for Climate and Society \| 2018 October Quick Look](https://feedsoft.ai/events/62470-iri-international-research-institute-for-climate-and-society-2018-october-quick.md) | -2.9% | -6.2% |
| CORN | 2018-02-19 | [IRI – International Research Institute for Climate and Society \| 2018 February Quick Look](https://feedsoft.ai/events/66417-iri-international-research-institute-for-climate-and-society-2018-february.md) | -0.1% | +4.4% |
| CORN | 2017-10-19 | [IRI – International Research Institute for Climate and Society \| 2017 October Quick Look](https://feedsoft.ai/events/68373-iri-international-research-institute-for-climate-and-society-2017-october-quick.md) | +0.4% | -5.5% |
| WHEAT | 2019-03-19 | [IRI – International Research Institute for Climate and Society \| 2019 March Quick Look](https://feedsoft.ai/events/60007-iri-international-research-institute-for-climate-and-society-2019-march-quick.md) | +1.7% | -1.5% |
| WHEAT | 2019-04-19 | [IRI – International Research Institute for Climate and Society \| 2019 April Quick Look](https://feedsoft.ai/events/59509-iri-international-research-institute-for-climate-and-society-2019-april-quick.md) | -1.0% | -10.6% |
| WHEAT | 2019-01-19 | [IRI – International Research Institute for Climate and Society \| 2019 January Quick Look](https://feedsoft.ai/events/61019-iri-international-research-institute-for-climate-and-society-2019-january-quick.md) | +3.3% | +2.1% |

## Sources

- iri.columbia.edu: https://iri.columbia.edu/our-expertise/climate/forecasts/enso/2019-june-quick-look/

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