# El Niño Outlook for July 2017

> WeatherTiger's July 2017 outlook expects the Pacific to remain in neutral ENSO conditions for the next six months, with the Nino3.4 anomaly at about +0.6C. It notes that the June monthly anomaly of +0.4C sat just below the El Niño threshold.

- Date: 2017-07-12 · published 2017-07-12T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/69876-el-nino-outlook-for-july-2017
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A persistent neutral pattern implies no major El Niño-driven weather shock to crops in the coming months, so supply risk premiums in grains and oilseeds are unlikely to build from ENSO alone.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-04-06 | [El Niño Outlook for April 2017 \| WeatherTiger](https://feedsoft.ai/events/71427-el-nino-outlook-for-april-2017-weathertiger.md) | +0.6% | -0.3% |
| CORN | 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) | -4.4% | -3.6% |
| CORN | 2022-07-22 | [NOAA Issues Four-Season Outlook on July 21, 2022 - EconCurrents](https://feedsoft.ai/events/40397-noaa-issues-four-season-outlook-on-july-21-2022-econcurrents.md) | -2.2% | +1.9% |
| CORN | 2024-01-11 | [Regional US Weather Outlook for 2024](https://feedsoft.ai/events/32046-regional-us-weather-outlook-for-2024.md) | -1.3% | -5.6% |
| 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% |
| SOY | 2017-04-06 | [El Niño Outlook for April 2017 \| WeatherTiger](https://feedsoft.ai/events/71427-el-nino-outlook-for-april-2017-weathertiger.md) | +0.4% | +2.2% |
| SOY | 2022-07-22 | [NOAA Issues Four-Season Outlook on July 21, 2022 - EconCurrents](https://feedsoft.ai/events/40397-noaa-issues-four-season-outlook-on-july-21-2022-econcurrents.md) | +13.4% | +5.4% |
| SOY | 2024-01-11 | [Regional US Weather Outlook for 2024](https://feedsoft.ai/events/32046-regional-us-weather-outlook-for-2024.md) | -1.2% | -2.9% |

## Sources

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

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