# Pacific Temperatures Show Slower La Nina Development vs. 2020

> DTN reports that La Niña is developing more slowly than in 2020, with Pacific cooling limited to a few small areas of up to 2 degrees Celsius below average. The Oceanic Niño Index for July-September was notably less negative than in 2020.

- Date: 2024-10-24 · published 2024-10-24T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/27782-pacific-temperatures-show-slower-la-nina-development-vs-2020
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A slower, weaker La Niña reduces the likelihood of severe South American and US drought, which is a modest bearish factor for grain and oilseed risk premiums.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-06-13 | [La Nina Taking Longer to Develop, A Good Thing for US Agriculture?](https://feedsoft.ai/events/29664-la-nina-taking-longer-to-develop-a-good-thing-for-us-agriculture.md) | -2.1% | -8.8% |
| CORN | 2018-12-07 | [Corn yield higher as temperatures warm - Spartan Newsroom](https://feedsoft.ai/events/61430-corn-yield-higher-as-temperatures-warm-spartan-newsroom.md) | +0.5% | +2.0% |
| CORN | 2024-06-20 | [NOAA Pacific Ocean Analytics Support Ideas of La Nina Holding Off Until Later in Summer](https://feedsoft.ai/events/29660-noaa-pacific-ocean-analytics-support-ideas-of-la-nina-holding-off-until-later.md) | -6.0% | -9.5% |
| CORN | 2026-02-18 | [Top DTN La Nina to El Nino Analog Years Show Large US Corn Production](https://feedsoft.ai/events/20519-top-dtn-la-nina-to-el-nino-analog-years-show-large-us-corn-production.md) | +0.2% | +5.7% |
| CORN | 2024-07-10 | [U.S. grains: Soy futures fall to 2020 low on strong US crop prospects](https://feedsoft.ai/events/11196-u-s-grains-soy-futures-fall-to-2020-low-on-strong-us-crop-prospects.md) | -0.8% | -0.3% |
| SOY | 2024-06-13 | [La Nina Taking Longer to Develop, A Good Thing for US Agriculture?](https://feedsoft.ai/events/29664-la-nina-taking-longer-to-develop-a-good-thing-for-us-agriculture.md) | -1.9% | -3.6% |
| SOY | 2024-06-20 | [NOAA Pacific Ocean Analytics Support Ideas of La Nina Holding Off Until Later in Summer](https://feedsoft.ai/events/29660-noaa-pacific-ocean-analytics-support-ideas-of-la-nina-holding-off-until-later.md) | -1.0% | -6.4% |
| SOY | 2024-07-10 | [U.S. grains: Soy futures fall to 2020 low on strong US crop prospects](https://feedsoft.ai/events/11196-u-s-grains-soy-futures-fall-to-2020-low-on-strong-us-crop-prospects.md) | -6.1% | -11.5% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2024/10/24/pacific-temperatures-show-slower-la

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