La Niña event is expected to be short-lived

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.

• Dec 12, 2024Weak, short-term La Niña expected to develop during winter - Pro Farmer-0.0%
• Feb 1, 2026El Nino Expected to Influence US 2026 Growing Season+0.2%
• Jun 13, 2024El Niño is dead. Here’s what to expect in the coming months | CNN-2.1%
• Jan 31, 2019Markets Expected to Continue Strong; Leverage Shift on the Horizon - Southeast AgNET-0.5%
• Jan 22, 2026Will El Niño be slow to develop? | World Grain+1.9%

After 324 past neutral weather events, SOY moved a median +0.0% over 5 sessions (52% higher; middle half -1.4% to +1.7%), and +0.7% over 20.

• Dec 12, 2024Weak, short-term La Niña expected to develop during winter - Pro Farmer-4.4%
• Feb 1, 2026El Nino Expected to Influence US 2026 Growing Season+4.8%
• Jan 22, 2026Will El Niño be slow to develop? | World Grain+1.0%
• Feb 1, 2022La Niña Likely to Persist Until Early Southern Hemisphere Autumn+6.1%
• Feb 17, 2026Climate Prediction Center: La Niña Likely to Fade, El Niño May Develop by Summer - Southeast AgNET+0.1%

After 224 past neutral weather events, WHEAT moved a median -0.1% over 5 sessions (46% higher; middle half -1.4% to +1.5%), and +0.4% over 20.

• Jul 1, 2024El Niño and La Niña: Impact on Global Agriculture and What to Expect Next+6.6%
• Feb 1, 2026El Nino Expected to Influence US 2026 Growing Season-0.4%
• Sep 1, 2025La Niña may return but temperatures are likely to be above average-0.6%
• Mar 3, 2021La Niña weakens, but influence likely to continue into autumn-2.4%
• Jan 22, 2026Will El Niño be slow to develop? | World Grain+3.9%