# Marufish World of Disaster PreventionEl Nino projected to return in 2017 by WMO

> The WMO update from 28 April 2017 says neutral ENSO conditions currently exist, with a 50-60% chance of El Nino developing after June. Severe localized impacts in Peru and neighboring countries came from strong ocean warming and a collapse of the trade winds in February and March.

- Date: 2017-05-01 · published 2017-05-01T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/70918-marufish-world-of-disaster-preventionel-nino-projected-to-return-in-2017-by-wmo
- 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

The WMO's El Nino probability outlook raises the medium-term risk of drought in key producing regions, which supports a small weather premium in grains and oilseeds. The effect is limited while the forecast remains uncertain.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-05-09 | [El Nino to end by June, La Nina seen in second half of 2024, says U.S. forecaster \| Reuters](https://feedsoft.ai/events/30149-el-nino-to-end-by-june-la-nina-seen-in-second-half-of-2024-says-u-s-forecaster.md) | +2.7% | +0.5% |
| CORN | 2024-02-08 | [El Nino waning, La Nina to develop in second half of 2024](https://feedsoft.ai/events/31586-el-nino-waning-la-nina-to-develop-in-second-half-of-2024.md) | -1.4% | +1.6% |
| CORN | 2026-04-24 | [Explainer: How El Nino could impact the world's weather in 2026/27 \| Reuters](https://feedsoft.ai/events/19629-explainer-how-el-nino-could-impact-the-world-s-weather-in-2026-27-reuters.md) | +1.2% | +2.2% |
| CORN | 2019-04-17 | [To manage El Nino-related crop distress in eastern and southern Africa, invest in drought-tolerant seeds and better soil and water care – CIMMYT](https://feedsoft.ai/events/59511-to-manage-el-nino-related-crop-distress-in-eastern-and-southern-africa-invest.md) | -1.9% | +0.2% |
| CORN | 2026-03-25 | [Return of El Niño expected, but impacts not likely until fall \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/20086-return-of-el-nino-expected-but-impacts-not-likely-until-fall-agri-pulse.md) | -1.0% | -1.2% |
| SOY | 2024-05-09 | [El Nino to end by June, La Nina seen in second half of 2024, says U.S. forecaster \| Reuters](https://feedsoft.ai/events/30149-el-nino-to-end-by-june-la-nina-seen-in-second-half-of-2024-says-u-s-forecaster.md) | +0.1% | -1.1% |
| SOY | 2022-02-10 | [Argentina soy belt drought awakens ghost of 2018 production 'disaster'](https://feedsoft.ai/events/14050-argentina-soy-belt-drought-awakens-ghost-of-2018-production-disaster.md) | -0.5% | +6.6% |
| SOY | 2024-02-08 | [El Nino waning, La Nina to develop in second half of 2024](https://feedsoft.ai/events/31586-el-nino-waning-la-nina-to-develop-in-second-half-of-2024.md) | -1.6% | -2.7% |

## Sources

- marufish.com: https://marufish.com/2017/05/01/el-nino-projected-to-return-in-2017-by-wmo/

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