# Hopes for El Nino by Autumn

> A DTN forecast update held May 23 said the severe drought across the southwestern U.S. is expected to last through most of summer, with close to 40% of the region in extreme or exceptional drought. Hopes for El Niño by autumn are being discussed as a possible relief path after a La Niña winter.

- Date: 2018-05-25 · published 2018-05-25T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/64962-hopes-for-el-nino-by-autumn
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Drought in the Southwest mainly hits rangeland and cattle, tightening feed and grazing supplies and supporting cattle prices, while El Niño hopes point to a possible wetter outlook later.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2022-05-17 | [Are we ready for one more Niña season?](https://feedsoft.ai/events/41338-are-we-ready-for-one-more-nina-season.md) | -0.9% | -0.5% |
| LCATTLE | 2021-07-12 | [Futures Files - Minot Daily News](https://feedsoft.ai/events/7779-futures-files-minot-daily-news.md) | -0.3% | +0.7% |
| LCATTLE | 2022-12-30 | [La Nina Remained in Control for Crop Year, Became Most Influential 2022 Ag Story](https://feedsoft.ai/events/13312-la-nina-remained-in-control-for-crop-year-became-most-influential-2022-ag-story.md) | +0.1% | -0.9% |
| LCATTLE | 2022-12-30 | [Third La Nina Year Influenced Lower Production, Forage Shortages and Higher Grain Prices](https://feedsoft.ai/events/38160-third-la-nina-year-influenced-lower-production-forage-shortages-and-higher.md) | +0.1% | -0.9% |
| LCATTLE | 2019-07-15 | [Cattle and beef markets looking for summer direction: Peel](https://feedsoft.ai/events/58218-cattle-and-beef-markets-looking-for-summer-direction-peel.md) | +0.5% | +1.0% |
| FCATTLE | 2022-05-17 | [Are we ready for one more Niña season?](https://feedsoft.ai/events/41338-are-we-ready-for-one-more-nina-season.md) | -2.5% | +8.8% |
| FCATTLE | 2019-07-15 | [Cattle and beef markets looking for summer direction: Peel](https://feedsoft.ai/events/58218-cattle-and-beef-markets-looking-for-summer-direction-peel.md) | -1.1% | -1.9% |
| FCATTLE | 2023-05-29 | [Feeder Cattle Prices Supported by Tight Supplies and Excellent Demand](https://feedsoft.ai/events/5225-feeder-cattle-prices-supported-by-tight-supplies-and-excellent-demand.md) | +3.7% | +2.0% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/ag-weather-forum/blog-post/2018/05/25/hopes-el-nino-autumn-2

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