# Six reasons you should care about El Niño - CSIRO

> CSIRO explains El Niño and its potential impacts on Australian weather, noting the Bureau of Meteorology raised its outlook to El Niño WATCH with the chance of formation rising from about 25% to 50%. A Nature paper from CSIRO scientists on El Niño complexity was also published.

- Date: 2018-07-26 · published 2018-07-26T12:00:00.000Z
- Category: weather · region Australia · magnitude low
- Page: https://feedsoft.ai/events/63938-six-reasons-you-should-care-about-el-nino-csiro
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Rising odds of El Niño raise drought risk for Australian winter crops such as wheat and barley, which can tighten export supplies and support prices.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-04-24 | [Forecast for strong El Niño fans worries about global crops](https://feedsoft.ai/events/19633-forecast-for-strong-el-nino-fans-worries-about-global-crops.md) | +0.2% | +1.4% |
| WHEAT | 2023-11-01 | [El Niño's Rain Games: A Global Hunger Crisis?](https://feedsoft.ai/events/33099-el-nino-s-rain-games-a-global-hunger-crisis.md) | -1.6% | -0.7% |
| WHEAT | 2026-09-04 | [El Niño drives crop failure in Central America and East Africa and threatens the next season in Southern Africa, East Africa, Western South America, and Southeast Asia - Joint Research Centre](https://feedsoft.ai/events/17395-el-nino-drives-crop-failure-in-central-america-and-east-africa-and-threatens.md) | +1.4% | +0.4% |
| WHEAT | 2017-05-02 | [Probability of El Niño this year at least 50% – Red Cross Red Crescent Climate Centre](https://feedsoft.ai/events/70916-probability-of-el-nino-this-year-at-least-50-red-cross-red-crescent-climate.md) | -2.3% | -1.4% |
| WHEAT | 2018-05-10 | [El Niño pattern could emerge by 2018-19 winter: U.S. forecaster](https://feedsoft.ai/events/64959-el-nino-pattern-could-emerge-by-2018-19-winter-u-s-forecaster.md) | -1.0% | +2.7% |

## Sources

- csiro.au: https://www.csiro.au/en/news/All/Articles/2018/July/six-reasons-you-should-care-about-el-nino

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