# Climate Prediction Center: ENSO Diagnostic Discussion

> NOAA's Climate Prediction Center issued an ENSO advisory confirming La Niña conditions have developed in the tropical Pacific. It assigns an 87% chance of La Niña persisting through December 2021 to February 2022, with ENSO-neutral expected to return in March to May 2022.

- Date: 2021-10-14 · published 2021-10-14T12:00:00.000Z
- Category: weather · region Global · magnitude medium
- Page: https://feedsoft.ai/events/44466-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), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A second-year La Niña typically brings drier conditions to Argentina, southern Brazil and the US southern Plains, raising the risk of lower soybean, corn and wheat output and supporting feed grain and meal prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-07-14 | [Climate Prediction Center: ENSO Diagnostic Discussion](https://feedsoft.ai/events/40387-climate-prediction-center-enso-diagnostic-discussion.md) | -12.5% | -12.4% |
| 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 | 2022-07-14 | [Climate Prediction Center: ENSO Diagnostic Discussion](https://feedsoft.ai/events/40387-climate-prediction-center-enso-diagnostic-discussion.md) | -8.8% | +6.3% |
| 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_oct2021/ensodisc.shtml

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