# IRI – International Research Institute for Climate and Society | 2018 February Quick Look

> The IRI February 2018 ENSO Quick Look reports that in mid-February the tropical Pacific showed weak to moderate La Niña conditions. The official CPC/IRI outlook calls for La Niña to continue through early spring, with a likely return to neutral around mid-spring.

- Date: 2018-02-19 · published 2018-02-19T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/66417-iri-international-research-institute-for-climate-and-society-2018-february
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Persistent La Niña raises the risk of dryness in Argentina and southern US and Plains, which supports soybean, corn and wheat prices through the spring planting window.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2018-11-19 | [IRI – International Research Institute for Climate and Society \| 2018 November Quick Look](https://feedsoft.ai/events/61967-iri-international-research-institute-for-climate-and-society-2018-november.md) | -1.4% | +8.5% |
| CORN | 2019-06-19 | [IRI – International Research Institute for Climate and Society \| 2019 June Quick Look](https://feedsoft.ai/events/58501-iri-international-research-institute-for-climate-and-society-2019-june-quick.md) | +1.3% | -1.6% |
| 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% |
| SOY | 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) | +0.7% | -1.7% |
| SOY | 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) | -2.5% | +2.9% |
| SOY | 2018-11-19 | [IRI – International Research Institute for Climate and Society \| 2018 November Quick Look](https://feedsoft.ai/events/61967-iri-international-research-institute-for-climate-and-society-2018-november.md) | -3.4% | +1.7% |

## Sources

- iri.columbia.edu: https://iri.columbia.edu/our-expertise/climate/forecasts/enso/2018-february-quick-look/

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