January 2023 La Niña update, and the ENSO Blog investigates, part 2

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.

• May 1, 2023April 2023 ENSO update: El Niño Watch+0.3%
• Aug 20, 2019El Niño/La Niña Update (August 2019)+1.3%
• Jan 29, 2026SovEcon: Russian and global grain market news – January 30, 2026 - The Sizov Report blog-0.3%
• Jan 24, 2025La 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-0.2%
• Dec 3, 2025WMO Update predicts weak La Niña+0.7%

After 324 past neutral weather events, Soybeans moved a median +0.0% over 5 sessions (52% higher; middle half -1.4% to +1.7%), and +0.7% over 20.

• Jun 1, 2023May 2023 ENSO update: El Niño knocking on the door+4.7%
• Aug 20, 2019El Niño/La Niña Update (August 2019)-0.0%
• Dec 3, 2025WMO Update predicts weak La Niña-3.3%
• Jun 1, 2025May 2025 ENSO update: eye of neutral+1.5%
• Apr 2, 2018WMO El Niño/La Niña Update – March 2018 | La Niña Ready Nations-1.1%