# IRI – International Research Institute for Climate and Society | 2017 January Quick Look

> The IRI January 2017 ENSO Quick Look reports that the tropical Pacific sea surface temperature anomaly was near -0.5C, the threshold for weak La Niña. Atmospheric indicators remain consistent with weak La Niña, and models suggest a transition to neutral by February.

- Date: 2017-01-19 · published 2017-01-19T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/72925-iri-international-research-institute-for-climate-and-society-2017-january-quick
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A fading La Niña toward neutral conditions reduces the risk of major drought in key exporting regions, which tends to ease weather-driven upside in grain and oilseed prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-02-19 | [IRI – International Research Institute for Climate and Society \| 2019 February Quick Look](https://feedsoft.ai/events/60529-iri-international-research-institute-for-climate-and-society-2019-february.md) | +0.2% | +1.4% |
| CORN | 2018-02-19 | [IRI – International Research Institute for Climate and Society \| 2018 February Quick Look](https://feedsoft.ai/events/66417-iri-international-research-institute-for-climate-and-society-2018-february.md) | -0.1% | +4.4% |
| 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 | 2018-06-19 | [IRI – International Research Institute for Climate and Society \| 2018 June Quick Look](https://feedsoft.ai/events/64458-iri-international-research-institute-for-climate-and-society-2018-june-quick.md) | -0.9% | -2.0% |
| CORN | 2019-03-19 | [IRI – International Research Institute for Climate and Society \| 2019 March Quick Look](https://feedsoft.ai/events/60007-iri-international-research-institute-for-climate-and-society-2019-march-quick.md) | -0.3% | -3.4% |
| 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 | 2019-02-19 | [IRI – International Research Institute for Climate and Society \| 2019 February Quick Look](https://feedsoft.ai/events/60529-iri-international-research-institute-for-climate-and-society-2019-february.md) | +0.5% | -0.2% |
| SOY | 2018-02-19 | [IRI – International Research Institute for Climate and Society \| 2018 February Quick Look](https://feedsoft.ai/events/66417-iri-international-research-institute-for-climate-and-society-2018-february.md) | +1.2% | +0.1% |

## Sources

- iri.columbia.edu: https://iri.columbia.edu/our-expertise/climate/forecasts/enso/2017-january-quick-look/

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