# Climate Prediction Center: ENSO Diagnostic Discussion

> NOAA's Climate Prediction Center issued its July ENSO diagnostic discussion maintaining a La Niña Advisory. La Niña is favored to persist through 2022, with a 60% chance in July-September and 62-66% odds into the northern fall and early winter.

- Date: 2022-07-14 · published 2022-07-14T12:00:00.000Z
- Category: weather · region Global · magnitude medium
- Page: https://feedsoft.ai/events/40387-climate-prediction-center-enso-diagnostic-discussion
- 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 prolonged La Niña raises the risk of dryness in South America and the US Plains, which can cut soybean, corn and wheat supplies and support feed grain and meal prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-10-14 | [Climate Prediction Center: ENSO Diagnostic Discussion](https://feedsoft.ai/events/44466-climate-prediction-center-enso-diagnostic-discussion.md) | +3.2% | +13.8% |
| CORN | 2025-10-09 | [Climate Prediction Center: ENSO Diagnostic Discussion](https://feedsoft.ai/events/22309-climate-prediction-center-enso-diagnostic-discussion.md) | -0.9% | +0.9% |
| CORN | 2021-06-13 | [The latest #ElNiño/Southern Oscillation (#ENSO) Diagnostic Discussion is hot off the presses from the #Climate Prediction Center – Coyote Gulch](https://feedsoft.ai/events/46483-the-latest-elnino-southern-oscillation-enso-diagnostic-discussion-is-hot-off.md) | -2.8% | -4.2% |
| CORN | 2022-03-01 | [Sdo discussion](https://feedsoft.ai/events/42195-sdo-discussion.md) | +4.7% | +12.1% |
| CORN | 2022-12-01 | [Sdo discussion](https://feedsoft.ai/events/38158-sdo-discussion.md) | -3.3% | +1.9% |
| SOY | 2021-10-14 | [Climate Prediction Center: ENSO Diagnostic Discussion](https://feedsoft.ai/events/44466-climate-prediction-center-enso-diagnostic-discussion.md) | +4.2% | +0.7% |
| SOY | 2025-10-09 | [Climate Prediction Center: ENSO Diagnostic Discussion](https://feedsoft.ai/events/22309-climate-prediction-center-enso-diagnostic-discussion.md) | -2.2% | +8.8% |
| SOY | 2021-06-13 | [The latest #ElNiño/Southern Oscillation (#ENSO) Diagnostic Discussion is hot off the presses from the #Climate Prediction Center – Coyote Gulch](https://feedsoft.ai/events/46483-the-latest-elnino-southern-oscillation-enso-diagnostic-discussion-is-hot-off.md) | -7.5% | -5.0% |

## Sources

- cpc.ncep.noaa.gov: https://www.cpc.ncep.noaa.gov/products/analysis_monitoring/enso_disc_jul2022/ensodisc.shtml

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