# October 2022 La Niña update: snack size | NOAA Climate.gov

> NOAA's October 2022 update says La Niña remains in place in the tropical Pacific and is the third consecutive La Niña winter. A 75% chance of La Niña persists for December–February, with forecasters favoring a transition to neutral in February–April 2023.

- Date: 2022-10-13 · published 2022-10-13T12:00:00.000Z
- Category: weather · region Global · magnitude medium
- Page: https://feedsoft.ai/events/39022-october-2022-la-nina-update-snack-size-noaa-climate-gov
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A third straight La Niña raises the risk of dryness across Argentina, southern Brazil and the US southern Plains, which can tighten South American corn and soybean supplies and support prices into 2023.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-10-14 | [October 2021 ENSO update: La Niña is here! \| NOAA Climate.gov](https://feedsoft.ai/events/44467-october-2021-enso-update-la-nina-is-here-noaa-climate-gov.md) | +3.2% | +13.8% |
| CORN | 2022-07-14 | [July 2022 La Niña update: comic timing \| NOAA Climate.gov](https://feedsoft.ai/events/40391-july-2022-la-nina-update-comic-timing-noaa-climate-gov.md) | -12.5% | -12.4% |
| CORN | 2022-11-10 | [November 2022 La Niña update: Let’s get some exercise \| NOAA Climate.gov](https://feedsoft.ai/events/38576-november-2022-la-nina-update-let-s-get-some-exercise-noaa-climate-gov.md) | +1.8% | -5.0% |
| CORN | 2021-01-14 | [January 2021 La Niña update: remote destinations \| NOAA Climate.gov](https://feedsoft.ai/events/49072-january-2021-la-nina-update-remote-destinations-noaa-climate-gov.md) | +0.7% | +4.0% |
| CORN | 2022-05-12 | [May 2022 ENSO update: piece of cake \| NOAA Climate.gov](https://feedsoft.ai/events/41332-may-2022-enso-update-piece-of-cake-noaa-climate-gov.md) | -0.3% | -0.9% |
| SOY | 2021-10-14 | [October 2021 ENSO update: La Niña is here! \| NOAA Climate.gov](https://feedsoft.ai/events/44467-october-2021-enso-update-la-nina-is-here-noaa-climate-gov.md) | +4.2% | +0.7% |
| SOY | 2022-07-14 | [July 2022 La Niña update: comic timing \| NOAA Climate.gov](https://feedsoft.ai/events/40391-july-2022-la-nina-update-comic-timing-noaa-climate-gov.md) | -8.8% | +6.3% |
| SOY | 2022-11-10 | [November 2022 La Niña update: Let’s get some exercise \| NOAA Climate.gov](https://feedsoft.ai/events/38576-november-2022-la-nina-update-let-s-get-some-exercise-noaa-climate-gov.md) | -2.1% | +1.8% |

## Sources

- climate.gov: https://www.climate.gov/news-features/blogs/enso/october-2022-la-nina-update-snack-size

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