US National Weather Service says La Nina conditions likely to persist through Dec 2025 to Feb 2026

After 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.

• Jan 9, 2025US forecaster says La Nina conditions present, could persist through Feb-April+4.1%
• Sep 12, 2024La Nina weather 71% likely to develop in Sept-Nov, says US forecaster | Reuters+4.9%
• Mar 13, 2025U.S. forecaster sees neutral weather conditions persisting through summer+6.5%
• Feb 27, 2018Dry weather conditions and high temperatures likely to reduce harvests in Southern Africa+1.6%
• Jan 16, 2025Weather Outlook Through Summer 2025 Sees La Nina Losing Influence During Spring+0.7%

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.

• Jan 9, 2025US forecaster says La Nina conditions present, could persist through Feb-April+5.6%
• Sep 12, 2024La Nina weather 71% likely to develop in Sept-Nov, says US forecaster | Reuters+3.5%
• Jan 16, 2025Weather Outlook Through Summer 2025 Sees La Nina Losing Influence During Spring+2.2%
• May 9, 2024El Nino to end by June, La Nina seen in second half of 2024, says U.S. forecaster | Reuters+0.1%
• Jan 14, 2022La Niña Conditions Likely to Continue into Spring - AgWeb+3.6%

After 453 past bullish weather events, Soybean Meal moved a median +0.5% over 5 sessions (55% higher; middle half -1.6% to +2.7%), and +0.5% over 20.

• Sep 12, 2024La Nina weather 71% likely to develop in Sept-Nov, says US forecaster | Reuters+1.3%
• Dec 15, 2022La Nina Pattern Continues Through December for South America0.0%
• Feb 14, 2023Brazil drought threatening national output potential, southern farmers say-2.3%
• Nov 21, 2022Persistent La Niña Conditions Aggravate Crop Losses+0.1%
• Mar 21, 2024Argentina downpour 'damaging' for soy and corn, weather analysts say | Reuters-1.4%