# StoneX highlights challenges with La Niña in 2025 - Cultivar Magazine

> StoneX's Quarterly Commodity Outlook, reported 23 October 2025, sees a growing likelihood of a weak La Niña. It warns of drought risk in southern Brazil and heavy rains in other producing regions, and says the event could last into early 2026 based on historical precedent.

- Date: 2025-10-23 · published 2025-10-23T12:00:00.000Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/22316-stonex-highlights-challenges-with-la-nina-in-2025-cultivar-magazine
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Drought risk in southern Brazil threatens soybean and corn output for export, which can lift soymeal and corn prices, although heavy rains elsewhere partly offset the risk.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-11-07 | [Lack of rain in Mato Grosso threatens the 2025/26 harvest - Cultivar Magazine](https://feedsoft.ai/events/13462-lack-of-rain-in-mato-grosso-threatens-the-2025-26-harvest-cultivar-magazine.md) | +3.7% | +1.2% |
| SOY | 2026-01-29 | [RS 2025/26 Harvest: Dry weather raises concerns about soybeans - Cultivar Magazine](https://feedsoft.ai/events/13454-rs-2025-26-harvest-dry-weather-raises-concerns-about-soybeans-cultivar-magazine.md) | +1.6% | +6.8% |
| SOY | 2025-05-08 | [RS 2024/25 Harvest: soybean harvest progresses, but losses in the field are a concern - Cultivar Magazine](https://feedsoft.ai/events/13496-rs-2024-25-harvest-soybean-harvest-progresses-but-losses-in-the-field-are-a.md) | +3.5% | +2.1% |
| SOY | 2025-02-14 | [MS 2024/25 Harvest: soybean harvest progresses, but drought is a concern - Cultivar Magazine](https://feedsoft.ai/events/13517-ms-2024-25-harvest-soybean-harvest-progresses-but-drought-is-a-concern-cultivar.md) | +0.9% | -3.0% |
| SOY | 2021-12-26 | [Withering crops highlight La Niña fears for Brazil soy farmers - BusinessWorld Online](https://feedsoft.ai/events/13761-withering-crops-highlight-la-nina-fears-for-brazil-soy-farmers-businessworld.md) | -0.2% | +5.3% |
| CORN | 2024-09-27 | [2024-25 harvest begins with climate challenges in different regions of the country - Cultivar Magazine](https://feedsoft.ai/events/13546-2024-25-harvest-begins-with-climate-challenges-in-different-regions-of-the.md) | +2.2% | +1.0% |
| CORN | 2025-11-07 | [Lack of rain in Mato Grosso threatens the 2025/26 harvest - Cultivar Magazine](https://feedsoft.ai/events/13462-lack-of-rain-in-mato-grosso-threatens-the-2025-26-harvest-cultivar-magazine.md) | +2.7% | +3.4% |
| CORN | 2025-05-08 | [RS 2024/25 Harvest: soybean harvest progresses, but losses in the field are a concern - Cultivar Magazine](https://feedsoft.ai/events/13496-rs-2024-25-harvest-soybean-harvest-progresses-but-losses-in-the-field-are-a.md) | -0.6% | +1.5% |

## Sources

- revistacultivar.com: https://revistacultivar.com/news/stonex-points-out-challenges-with-la-nina-in-2025

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