# A change in the weather

> Farm Progress reports NOAA's 70% probability of El Niño for the 2018-19 Northern Hemisphere winter, with the Climate Prediction Center explaining how warm tropical Pacific temperatures affect global rainfall and jet stream patterns. Drought is noted as a key impact for agriculture.

- Date: 2018-07-25 · published 2018-07-25T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/63939-a-change-in-the-weather
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Expected El Niño drought risk in major grain regions could support corn, wheat and soybean prices into the winter, though the impact depends on its strength.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-10-16 | [Crop Weather -- After the Snow](https://feedsoft.ai/events/56420-crop-weather-after-the-snow.md) | -1.2% | -1.8% |
| CORN | 2017-04-01 | [Rolling the dice on weather](https://feedsoft.ai/events/71338-rolling-the-dice-on-weather.md) | -0.9% | +1.5% |
| CORN | 2022-06-27 | [Hot and Dry Weather Tees Up a Tense July in the US Corn Belt](https://feedsoft.ai/events/13352-hot-and-dry-weather-tees-up-a-tense-july-in-the-us-corn-belt.md) | +1.8% | -12.0% |
| CORN | 2020-07-31 | [Hot, dry weather takes a toll](https://feedsoft.ai/events/51954-hot-dry-weather-takes-a-toll.md) | -0.7% | +7.0% |
| CORN | 2024-04-25 | [Weather patterns are shifting in Iowa and the Corn Belt](https://feedsoft.ai/events/13195-weather-patterns-are-shifting-in-iowa-and-the-corn-belt.md) | +0.7% | +4.5% |
| SOY | 2019-10-16 | [Crop Weather -- After the Snow](https://feedsoft.ai/events/56420-crop-weather-after-the-snow.md) | +0.0% | -3.0% |
| SOY | 2017-04-01 | [Rolling the dice on weather](https://feedsoft.ai/events/71338-rolling-the-dice-on-weather.md) | -0.4% | +1.4% |
| SOY | 2020-07-31 | [Hot, dry weather takes a toll](https://feedsoft.ai/events/51954-hot-dry-weather-takes-a-toll.md) | -1.2% | +5.1% |

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/a-change-in-the-weather

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