La Niña Is Back—What That Means for North and South American Crops

After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.

• Nov 30, 2020Will La Niña Impact South America's Grains Crops? | CZ app-1.5%
• Nov 17, 2020#Agbiz: East African, South American crops at risk with La Niña | OFM+1.1%
• Feb 10, 2022La Nina Continues to Affect South American Corn and Soybeans-0.0%
• Aug 26, 2021Column: La Nina's return could threaten South American crops, again-4.6%
• Apr 27, 2023El Nino May Boost Soil Moisture in May for South American Wheat-0.9%

After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.

• Nov 30, 2020Will La Niña Impact South America's Grains Crops? | CZ app-2.4%
• Nov 17, 2020#Agbiz: East African, South American crops at risk with La Niña | OFM+3.3%
• Feb 10, 2022La Nina Continues to Affect South American Corn and Soybeans-0.5%
• Aug 26, 2021Column: La Nina's return could threaten South American crops, again-5.1%
• Feb 1, 2018La Niña May Stall South America Output-1.3%

After 453 past bullish weather events, Soybean Meal moved a median +0.5% over 5 sessions (55% higher; middle half -1.6% to +2.7%), and +0.5% over 20.

• Nov 17, 2020#Agbiz: East African, South American crops at risk with La Niña | OFM+1.4%
• Apr 27, 2023El Nino May Boost Soil Moisture in May for South American Wheat-0.7%
• Feb 1, 2018La Niña May Stall South America Output-0.7%
• Mar 16, 2021Weather woes persist for South American row crops - Grain Central-2.4%
• Dec 15, 2022La Nina Pattern Continues Through December for South America0.0%