# El Nino odds firm | Farm Online | ACT

> Australia's Bureau of Meteorology has raised its El Niño outlook to watch, saying the chance of an event is about double a normal year. Eastern Australia has had a dry start to winter cropping, and farmers still planting may reconsider the risk.

- Date: 2018-06-19 · published 2018-06-19T12:00:00.000Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/64462-el-nino-odds-firm-farm-online-act
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A dry winter crop start in Australia combined with rising El Niño odds could cut eastern Australian wheat and barley plantings. That would support global wheat and barley prices.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-11-18 | [WA wheat crop forecast dives \| Farm Online \| ACT](https://feedsoft.ai/events/56007-wa-wheat-crop-forecast-dives-farm-online-act.md) | +3.8% | +3.1% |
| WHEAT | 2018-05-23 | [Outlook grim for season ahead \| Farm Online \| ACT](https://feedsoft.ai/events/64976-outlook-grim-for-season-ahead-farm-online-act.md) | -0.0% | -2.3% |
| WHEAT | 2017-10-14 | [Australian crop limps towards the line \| Farm Online \| ACT](https://feedsoft.ai/events/68400-australian-crop-limps-towards-the-line-farm-online-act.md) | -0.4% | -3.9% |
| WHEAT | 2019-11-27 | [Aussie harvest hits full swing \| Farm Online \| ACT](https://feedsoft.ai/events/56009-aussie-harvest-hits-full-swing-farm-online-act.md) | -0.1% | -1.6% |
| WHEAT | 2019-05-30 | [International grain markets catch fire \| Farm Online \| ACT](https://feedsoft.ai/events/8255-international-grain-markets-catch-fire-farm-online-act.md) | +9.6% | +16.2% |

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/5478246/el-nino-odds-firm/

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