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NOAA's Drought.gov outlook dated September 8, 2025 explains ENSO phases and their typical US precipitation and temperature effects. It states La Niña is likely from September 2025 through January 2026 with greater than 50% probability, suggesting drought persistence in the Southwest and potential development in the Southeast.
A likely La Niña raises the risk of dryness in the southern US Plains and Southeast during winter, which can affect winter wheat and sorghum prospects and support feed grain prices.
drought.govSep 8, 2025After 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.
Not enough comparable past events yet for a historical read.
After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% 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.
