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The US Climate Prediction Center says La Niña will linger one to two months before likely giving way to neutral conditions in January to March 2026, with a 68% probability. AccuWeather notes excess rain in southern Brazil but does not foresee widespread major drought across global croplands.
Limited expected drought risk across major croplands reduces the supply-risk premium on soybeans and corn, a mild bearish factor for feed grain prices.
agcanada.comAGCanadaDec 11, 2025After 363 past bearish weather events, Soybeans moved a median -0.6% over 5 sessions (42% higher; middle half -2.5% to +1.1%), and -0.2% over 20.
After 357 past bearish weather events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.3%), and -0.5% over 20.
After 224 past neutral weather events, Wheat (SRW) moved a median -0.1% over 5 sessions (46% higher; middle half -1.4% to +1.5%), and +0.4% 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.
