# El Niño Outlook for August 2017

> WeatherTiger's August outlook forecasts neutral ENSO through year-end 2017, with El Niño risk effectively ruled out. Slight La Niña chances are noted for winter, and the equatorial Pacific has cooled to near normal.

- Date: 2017-08-11 · published 2017-08-11T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/69374-el-nino-outlook-for-august-2017
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Removing El Niño risk lowers the chance of drought in Australia, Southeast Asia and Argentina, which trims the weather premium that supports feed grain and oilseed prices.

## Read by commodity

- WHEAT: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-08-20 | [El Niño/La Niña Update (August 2019)](https://feedsoft.ai/events/57495-el-nino-la-nina-update-august-2019.md) | +2.0% | +0.3% |
| WHEAT | 2019-08-09 | [August 2019 El Niño Update-Stick a Fork in it - ProAg](https://feedsoft.ai/events/57499-august-2019-el-nino-update-stick-a-fork-in-it-proag.md) | -0.2% | -2.7% |
| WHEAT | 2024-01-11 | [Regional US Weather Outlook for 2024](https://feedsoft.ai/events/32046-regional-us-weather-outlook-for-2024.md) | +0.2% | -1.3% |
| WHEAT | 2024-01-08 | [El Niño winter comes for wheat](https://feedsoft.ai/events/32049-el-nino-winter-comes-for-wheat.md) | -2.5% | -2.2% |
| WHEAT | 2023-06-08 | [Hello, El Niño – What To Expect for the 2023 Crop - AgWeb](https://feedsoft.ai/events/35411-hello-el-nino-what-to-expect-for-the-2023-crop-agweb.md) | -0.0% | +2.9% |
| PALMOIL | 2018-09-27 | [Seasonal Outlook: Haze Update – El Niño Ready Nations](https://feedsoft.ai/events/62945-seasonal-outlook-haze-update-el-nino-ready-nations.md) | -0.8% | -0.8% |
| PALMOIL | 2017-07-07 | [WMO El Niño/La Niña Update, 7 July 2017 - World \| ReliefWeb](https://feedsoft.ai/events/69875-wmo-el-nino-la-nina-update-7-july-2017-world-reliefweb.md) | +0.2% | +2.4% |
| PALMOIL | 2026-03-03 | [El Niño/La Niña Update (February 2026) - World \| ReliefWeb](https://feedsoft.ai/events/20089-el-nino-la-nina-update-february-2026-world-reliefweb.md) | +6.5% | +7.1% |

## Sources

- weathertiger.com: https://weathertiger.com/enso/el-nino-outlook-for-august-2017/

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