# WMO El Niño/La Niña Update, 7 July 2017 - World | ReliefWeb

> The WMO July 2017 update says ENSO-neutral conditions prevail in the tropical Pacific despite sea surface temperatures near the El Niño threshold. Most climate models expect neutral conditions through July-September, with El Niño development slightly less likely and La Niña unlikely.

- Date: 2017-07-07 · published 2017-07-07T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/69875-wmo-el-nino-la-nina-update-7-july-2017-world-reliefweb
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A WMO neutral outlook lowers the risk of El Niño-related drought in major grain and oilseed producers, a factor that tends to keep weather premiums out of corn, wheat and palm oil prices.

## Read by commodity

- CORN: neutral
- WHEAT: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-11-29 | [WMO issues El Niño/La Niña update - World \| ReliefWeb](https://feedsoft.ai/events/55980-wmo-issues-el-nino-la-nina-update-world-reliefweb.md) | +6.9% | +10.9% |
| 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% |
| 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 | 2017-08-11 | [El Niño Outlook for August 2017](https://feedsoft.ai/events/69374-el-nino-outlook-for-august-2017.md) | -0.1% | +6.6% |
| PALMOIL | 2017-07-19 | [IRI – International Research Institute for Climate and Society \| 2017 July Quick Look](https://feedsoft.ai/events/69874-iri-international-research-institute-for-climate-and-society-2017-july-quick.md) | +1.4% | +4.0% |
| CORN | 2018-04-02 | [WMO El Niño/La Niña Update – March 2018 \| La Niña Ready Nations](https://feedsoft.ai/events/65446-wmo-el-nino-la-nina-update-march-2018-la-nina-ready-nations.md) | +2.3% | +3.1% |
| CORN | 2019-08-20 | [El Niño/La Niña Update (August 2019)](https://feedsoft.ai/events/57495-el-nino-la-nina-update-august-2019.md) | +1.3% | +1.3% |
| CORN | 2020-09-24 | [La Niña: Outlook 2020-21 (September 2020) - World \| ReliefWeb](https://feedsoft.ai/events/51039-la-nina-outlook-2020-21-september-2020-world-reliefweb.md) | +2.4% | +7.3% |

## Sources

- reliefweb.int: https://reliefweb.int/report/world/wmo-el-ni-ola-ni-update-7-july-2017

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