# La Niña’s likely return will undo some of past year’s crop havoc - Moneyweb

> Bloomberg reports a 70% chance that La Niña forms between August and October 2024, which would follow the strongest El Niño in almost a decade. La Niña typically brings stronger rain to Asia and drier conditions to parts of South America, which could reverse last year's crop losses.

- Date: 2024-08-04 · published 2024-08-04T12:00:00.000Z
- Category: weather · region Global · magnitude medium
- Page: https://feedsoft.ai/events/28675-la-nina-s-likely-return-will-undo-some-of-past-year-s-crop-havoc-moneyweb
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A likely La Niña raises expectations of better South American and Asian crops, which is bearish for grains and oilseeds if it materializes. The timing and strength remain uncertain.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-12-11 | [La Niña to fade early next year, neutral Pacific conditions likely, U.S. forecasters say - AgCanada](https://feedsoft.ai/events/21415-la-nina-to-fade-early-next-year-neutral-pacific-conditions-likely-u-s.md) | -3.0% | -3.9% |
| SOY | 2023-12-27 | [The Crop Year of Surprises](https://feedsoft.ai/events/13223-the-crop-year-of-surprises.md) | -3.3% | -6.9% |
| SOY | 2025-12-12 | [La Niña Is Fading: What It Means for South American Crop Potential - AgWeb](https://feedsoft.ai/events/21412-la-nina-is-fading-what-it-means-for-south-american-crop-potential-agweb.md) | -3.8% | -5.5% |
| SOY | 2019-01-30 | [Will 2019 Bring More Record U.S. Corn Yields?](https://feedsoft.ai/events/60956-will-2019-bring-more-record-u-s-corn-yields.md) | +0.1% | -1.7% |
| SOY | 2019-05-27 | [WMO El Niño/La Niña Update (May 2019) - World \| ReliefWeb](https://feedsoft.ai/events/59008-wmo-el-nino-la-nina-update-may-2019-world-reliefweb.md) | +5.9% | +9.6% |
| CORN | 2025-12-11 | [La Niña to fade early next year, neutral Pacific conditions likely, U.S. forecasters say - AgCanada](https://feedsoft.ai/events/21415-la-nina-to-fade-early-next-year-neutral-pacific-conditions-likely-u-s.md) | +0.5% | +0.6% |
| CORN | 2023-12-27 | [The Crop Year of Surprises](https://feedsoft.ai/events/13223-the-crop-year-of-surprises.md) | -2.8% | -4.6% |
| CORN | 2019-05-24 | [Strong El Niño this year appears unlikely](https://feedsoft.ai/events/59007-strong-el-nino-this-year-appears-unlikely.md) | +7.1% | +10.0% |

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news/international/la-ninas-likely-return-will-undo-some-of-past-years-crop-havoc/

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