# Grain Traders Keep an Eye on La Nina’s Impact on Global Production | Red River Farm Network

> Bower Trading's Jim Bower says global corn and soybean ending stocks are tight, so traders are watching La Nina's effect on South American production. He notes soybeans could stay volatile, including spreads, if South American weather worsens.

- Date: 2021-09-25 · published 2021-09-25T12:00:00.000Z
- Category: weather · region South America · magnitude low
- Page: https://feedsoft.ai/events/44993-grain-traders-keep-an-eye-on-la-nina-s-impact-on-global-production-red-river
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Tight stocks plus South American weather risk support corn and soybean prices and raise volatility.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-05-09 | [El Nino and La Nina \| Red River Farm Network](https://feedsoft.ai/events/30153-el-nino-and-la-nina-red-river-farm-network.md) | +0.1% | -1.1% |
| SOY | 2020-06-19 | [Grain Traders Monitoring Rainfall Across Corn Belt \| Red River Farm Network](https://feedsoft.ai/events/52460-grain-traders-monitoring-rainfall-across-corn-belt-red-river-farm-network.md) | -0.4% | +2.9% |
| SOY | 2022-07-31 | [It’s a Late Crop \| Red River Farm Network](https://feedsoft.ai/events/40513-it-s-a-late-crop-red-river-farm-network.md) | -1.4% | -1.9% |
| SOY | 2022-02-16 | [Grains Production Estimates Slashed as Impact of La Niña Shows \| CZ app](https://feedsoft.ai/events/42622-grains-production-estimates-slashed-as-impact-of-la-nina-shows-cz-app.md) | +8.0% | +6.3% |
| SOY | 2022-03-13 | [Argentina Tries to Hold Onto Soybean Supplies \| Red River Farm Network](https://feedsoft.ai/events/14045-argentina-tries-to-hold-onto-soybean-supplies-red-river-farm-network.md) | -1.3% | -0.1% |
| CORN | 2024-05-09 | [El Nino and La Nina \| Red River Farm Network](https://feedsoft.ai/events/30153-el-nino-and-la-nina-red-river-farm-network.md) | +2.7% | +0.5% |
| CORN | 2020-07-27 | [A Few Dry Pockets Being Watched in U.S. Crop Production \| Red River Farm Network](https://feedsoft.ai/events/51961-a-few-dry-pockets-being-watched-in-u-s-crop-production-red-river-farm-network.md) | -1.6% | +2.2% |
| CORN | 2020-06-19 | [Grain Traders Monitoring Rainfall Across Corn Belt \| Red River Farm Network](https://feedsoft.ai/events/52460-grain-traders-monitoring-rainfall-across-corn-belt-red-river-farm-network.md) | -2.4% | -0.2% |

## Sources

- rrfn.com: https://www.rrfn.com/2021/09/25/grain-traders-keep-an-eye-on-la-ninas-impact-on-global-production/

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