La Nina weather 65% likely to develop in July-Sept, says US forecaster

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.

• Nov 14, 2024US forecaster sees 57% chance of La Nina developing between now and December | Reuters+0.2%
• Feb 12, 2026US forecaster sees signs of La Nina shift towards El Nino conditions in early 2026 | Reuters-0.0%
• May 14, 2020U.S. forecaster sees 65% chance for no El Nino, La Nina during summer-0.0%
• Dec 12, 2024US forecaster sees 59% chance of weak, brief La Nina forming by January-0.0%
• Dec 9, 2016Long-term forecasters rethinking weather prediction methods+2.4%

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.

• Nov 14, 2024US forecaster sees 57% chance of La Nina developing between now and December | Reuters-0.5%
• Dec 12, 2024US forecaster sees 59% chance of weak, brief La Nina forming by January-0.5%
• Dec 11, 2025La Niña to fade early next year, neutral Pacific conditions likely, U.S. forecasters say - AgCanada-0.3%
• Feb 7, 2024Shift from El Nino to La Nina portends rains in Asia, dryness in Americas | Reuters-3.7%
• Oct 24, 2026Wheat acreage likely to remain steady despite weak monsoon rainfall-0.6%