# Anticipating the La Niña Phenomenon: The Importance of Understanding and Mitigating Its Impacts

> FAO warns that La Niña is forecast for the second half of 2024 and urges stronger agri-food resilience in Latin America and the Caribbean. The piece notes agriculture absorbs 23% of global economic losses from disasters and cites the regional food security toll of the prior El Niño year.

- Date: 2024-04-24 · published 2024-04-24T12:00:00.000Z
- Category: weather · region Latin America · magnitude low
- Page: https://feedsoft.ai/events/30651-anticipating-the-la-nina-phenomenon-the-importance-of-understanding-and
- 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

This is a policy and resilience warning rather than a new supply shock, so it has little direct price impact beyond signaling possible La Niña crop risks in South America later in 2024.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-05-02 | [Anticipating The Impact of El Niño on Food Security](https://feedsoft.ai/events/35871-anticipating-the-impact-of-el-nino-on-food-security.md) | +2.7% | -5.8% |
| CORN | 2025-01-24 | [La Niña: Anticipatory Action and Response Plan, January 2025 - Mitigating the expected impacts of La Niña‑induced climate extremes on agriculture and food security - World \| ReliefWeb](https://feedsoft.ai/events/26407-la-nina-anticipatory-action-and-response-plan-january-2025-mitigating-the.md) | -0.2% | +3.3% |
| CORN | 2021-11-16 | [Understanding La Niña Conditions Going Into the Winter Season \| USDA Climate Hubs](https://feedsoft.ai/events/43970-understanding-la-nina-conditions-going-into-the-winter-season-usda-climate-hubs.md) | +0.1% | +3.6% |
| CORN | 2021-09-16 | [A Weak La Niña Weather Phenomenon To hit Southern Hemisphere Spring and Summer: Maxar Weather](https://feedsoft.ai/events/44989-a-weak-la-nina-weather-phenomenon-to-hit-southern-hemisphere-spring-and-summer.md) | -5.1% | -6.3% |
| CORN | 2021-01-01 | [The Impact of Preseason La Niña Episodes on Corn and Soybean Yields in Brazil and Argentina](https://feedsoft.ai/events/49571-the-impact-of-preseason-la-nina-episodes-on-corn-and-soybean-yields-in-brazil.md) | +5.3% | +17.8% |
| SOY | 2023-05-02 | [Anticipating The Impact of El Niño on Food Security](https://feedsoft.ai/events/35871-anticipating-the-impact-of-el-nino-on-food-security.md) | +1.0% | -10.9% |
| SOY | 2021-11-16 | [Understanding La Niña Conditions Going Into the Winter Season \| USDA Climate Hubs](https://feedsoft.ai/events/43970-understanding-la-nina-conditions-going-into-the-winter-season-usda-climate-hubs.md) | +1.4% | +0.2% |
| SOY | 2021-09-16 | [A Weak La Niña Weather Phenomenon To hit Southern Hemisphere Spring and Summer: Maxar Weather](https://feedsoft.ai/events/44989-a-weak-la-nina-weather-phenomenon-to-hit-southern-hemisphere-spring-and-summer.md) | -0.9% | -7.7% |

## Sources

- fao.org: https://www.fao.org/americas/opinion/detail/anticipandonos-fenomeno-nina/en

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