The reversal of La Niña is part of the ENSO (El Niño Southern Oscillation) weather phenomenon, which drives a shift in global weather patterns that can bring drought or atypically heavy rains depending on location.

Colorado State University (CSU) meteorologists issued their preliminary forecast for the coming North Atlantic Hurricane season that starts on Jun. 1. They predict slightly below-average activity across the equatorial Atlantic. The CSU researchers expect a quieter season, with 13 tropical storms, including six named hurricanes reaching at least 75 mph and two reaching major status, above 111 mph. This is down from the mean forecast of 14 storms in a typical season.

If ENSO conditions do interfere with the development of tropical systems in the Atlantic and it is a quieter hurricane season, that would be good news for Mexico, the Caribbean, the U.S. Gulf Coast, and southeastern Atlantic states, lowering the risk of storm-related damage to coastal cities and the cane growing regions of southern Louisiana and south-central Florida. Lastly, a tamer hurricane season would also assist fossil fuel production in the Gulf of Mexico and LNG loading operations and shipping in the region.

Further forecasting for weather conditions impacting 2023 is available to our IQ subscribers. Log in to read more.

Posted by: Information Services
Our Information Services team assists our clients with understanding commodity and ingredient market dynamics. Using our extensive database of intelligence, we also produce regular commodity and commercial market publications covering supply and demand fundamentals, news alerts on events that shape the markets, and resource guides to give you a complete picture of the industries we monitor.