# CPC Increases the Odds of La Niña Development and Issues Official Fall Forecast | CropWatch | Nebraska

> The Climate Prediction Center raised the odds of La Niña forming this fall to 70% and expects the event to persist through winter. It also issued its official fall forecast.

- Date: 2021-08-24 · published 2021-08-24T12:00:00.000Z
- Category: weather · region Global · magnitude medium
- Page: https://feedsoft.ai/events/45486-cpc-increases-the-odds-of-la-nina-development-and-issues-official-fall-forecast
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A likely La Niña raises the risk of dryness in South America's main grain regions, which can tighten export supplies and support corn and soybean prices.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-10-24 | [What Will a La Nina Winter Mean for the Midwest? \| CropWatch \| Nebraska](https://feedsoft.ai/events/68370-what-will-a-la-nina-winter-mean-for-the-midwest-cropwatch-nebraska.md) | -0.6% | -5.0% |
| CORN | 2023-09-14 | [2023 Corn Yield Forecasts: End-of-season Forecasts Suggest Near to Below-average Yields for the Region \| CropWatch \| Nebraska](https://feedsoft.ai/events/13247-2023-corn-yield-forecasts-end-of-season-forecasts-suggest-near-to-below-average.md) | -6.5% | -5.7% |
| CORN | 2022-04-28 | [La Nina Forecasted to Continue with Drought Expansion Likely According to CPC \| CropWatch \| Nebraska](https://feedsoft.ai/events/41769-la-nina-forecasted-to-continue-with-drought-expansion-likely-according-to-cpc.md) | -7.5% | -2.6% |
| CORN | 2020-11-11 | [La Niña: forecasted drier than usual season poses risks to crops and livestock in some parts of the region  \| IGAD Resilience](https://feedsoft.ai/events/50066-la-nina-forecasted-drier-than-usual-season-poses-risks-to-crops-and-livestock.md) | +7.9% | +7.0% |
| CORN | 2021-11-23 | [Officially Official, La Nina has Developed](https://feedsoft.ai/events/43974-officially-official-la-nina-has-developed.md) | -3.9% | -0.1% |
| SOY | 2017-10-24 | [What Will a La Nina Winter Mean for the Midwest? \| CropWatch \| Nebraska](https://feedsoft.ai/events/68370-what-will-a-la-nina-winter-mean-for-the-midwest-cropwatch-nebraska.md) | -0.8% | +0.9% |
| SOY | 2022-04-28 | [La Nina Forecasted to Continue with Drought Expansion Likely According to CPC \| CropWatch \| Nebraska](https://feedsoft.ai/events/41769-la-nina-forecasted-to-continue-with-drought-expansion-likely-according-to-cpc.md) | -3.3% | -2.6% |
| SOY | 2017-06-14 | [Changing weather causes issues for development of corn and soybeans - Radio Iowa](https://feedsoft.ai/events/70343-changing-weather-causes-issues-for-development-of-corn-and-soybeans-radio-iowa.md) | -0.5% | +9.0% |

## Sources

- cropwatch.unl.edu: https://cropwatch.unl.edu/2021/cpc-increases-odds-la-nina-development-and-issues-official-fall-forecast/

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