# What Does La Niña Mean for Agricultural Markets? Cocoa, Coffee, Sugar Changes - Bloomberg

> Bloomberg reports that the tropical Pacific is currently in a neutral state, with about a 70% chance of La Niña forming between August and October and possibly lasting into the Northern Hemisphere winter. La Niña brings cooler tropical Pacific waters. The article links the outlook to cocoa, coffee and sugar markets.

- Date: 2024-07-29 · published 2024-07-29T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/29166-what-does-la-nina-mean-for-agricultural-markets-cocoa-coffee-sugar-changes
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A likely La Niña raises the risk of uneven rainfall in key growing regions over the coming season, which can tighten supplies and support prices. The direct effect on feed commodities in this piece is limited.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-08-12 | [With Chances of a La Niña Increasing, What Would This Mean For Coffee?](https://feedsoft.ai/events/23245-with-chances-of-a-la-nina-increasing-what-would-this-mean-for-coffee.md) | +0.0% | +4.3% |
| CORN | 2017-08-14 | [What Does Lack of El Niño, La Niña Mean For Winter? \| The Weather Channel](https://feedsoft.ai/events/69375-what-does-lack-of-el-nino-la-nina-mean-for-winter-the-weather-channel.md) | -2.0% | -4.4% |
| CORN | 2025-03-03 | [What La Nina’s departure could mean for U.S. ag](https://feedsoft.ai/events/25498-what-la-nina-s-departure-could-mean-for-u-s-ag.md) | -0.2% | +2.5% |
| CORN | 2026-05-21 | [What a Possible 2026/27 Super El Niño Means for Commodity Markets](https://feedsoft.ai/events/19191-what-a-possible-2026-27-super-el-nino-means-for-commodity-markets.md) | -1.7% | -7.1% |
| CORN | 2021-10-19 | [La Niña Is Back—What That Means for North and South American Crops](https://feedsoft.ai/events/44469-la-nina-is-back-what-that-means-for-north-and-south-american-crops.md) | +0.7% | +10.3% |
| SOY | 2025-08-12 | [With Chances of a La Niña Increasing, What Would This Mean For Coffee?](https://feedsoft.ai/events/23245-with-chances-of-a-la-nina-increasing-what-would-this-mean-for-coffee.md) | +3.2% | +2.2% |
| SOY | 2025-03-03 | [What La Nina’s departure could mean for U.S. ag](https://feedsoft.ai/events/25498-what-la-nina-s-departure-could-mean-for-u-s-ag.md) | -0.1% | +1.1% |
| SOY | 2026-05-21 | [What a Possible 2026/27 Super El Niño Means for Commodity Markets](https://feedsoft.ai/events/19191-what-a-possible-2026-27-super-el-nino-means-for-commodity-markets.md) | -0.4% | -6.4% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2024-07-29/what-does-la-nina-mean-for-agricultural-markets-cocoa-coffee-sugar-changes

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