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AgWeb reports NOAA now forecasts La Niña exiting by spring with a possible El Niño later in 2026, though meteorologists disagree on timing. Dryness persists across parts of the West, Southwest and Southern Plains, raising concerns for spring and summer planting.
Persistent dryness in key US growing areas raises the risk of lower spring yields, which can support corn, soybean and wheat prices if it intensifies.
agweb.comJan 21, 2026After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.
After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.
After 322 past bullish weather events, Wheat (HRW) moved a median -0.1% over 5 sessions (49% higher; middle half -2.5% to +3.2%), and +1.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
