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

> NOAA's Climate.gov January update says tropical Pacific sea surface temperatures remain cooler than average, a La Niña signal, though some weakening has appeared. The atmosphere still shows a La Niña-like pattern, with a stronger Walker circulation and more rain over Indonesia.

- Date: 2023-02-01 · published 2023-02-01T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/37699-january-2023-la-nina-update-and-the-enso-blog-investigates-part-2
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A persistent La Niña tends to bring dryness to South America and parts of the US, supporting soy and corn risk premiums. A transition to neutral or El Niño would ease those concerns over the coming months.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-05-01 | [April 2023 ENSO update: El Niño Watch](https://feedsoft.ai/events/36314-april-2023-enso-update-el-nino-watch.md) | +0.3% | -1.8% |
| CORN | 2019-08-20 | [El Niño/La Niña Update (August 2019)](https://feedsoft.ai/events/57495-el-nino-la-nina-update-august-2019.md) | +1.3% | +1.3% |
| CORN | 2026-01-29 | [SovEcon: Russian and global grain market news – January 30, 2026 - The Sizov Report blog](https://feedsoft.ai/events/21107-sovecon-russian-and-global-grain-market-news-january-30-2026-the-sizov-report.md) | -0.3% | -0.1% |
| 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 | 2025-12-03 | [WMO Update predicts weak La Niña](https://feedsoft.ai/events/21414-wmo-update-predicts-weak-la-nina.md) | +0.7% | -0.4% |
| SOY | 2023-06-01 | [May 2023 ENSO update: El Niño knocking on the door](https://feedsoft.ai/events/35865-may-2023-enso-update-el-nino-knocking-on-the-door.md) | +4.7% | +14.1% |
| SOY | 2019-08-20 | [El Niño/La Niña Update (August 2019)](https://feedsoft.ai/events/57495-el-nino-la-nina-update-august-2019.md) | -0.0% | +4.7% |
| SOY | 2025-12-03 | [WMO Update predicts weak La Niña](https://feedsoft.ai/events/21414-wmo-update-predicts-weak-la-nina.md) | -3.3% | -8.4% |

## Sources

- climate.gov: https://www.climate.gov/news-features/blogs/enso/january-2023-la-nina-update-and-enso-blog-investigates-part-2

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