# La Nina Impact to Continue

> The International Research Institute for Climate and Society updated its forecasts on November 16, keeping high odds of dryness in the U.S. Southern Plains and in southern Brazil and Argentina through December-February. Moderate to strong La Niña conditions are expected to persist through winter before weakening in spring.

- Date: 2020-11-16 · published 2020-11-16T12:00:00.000Z
- Category: weather · region South America · magnitude medium
- Page: https://feedsoft.ai/events/50060-la-nina-impact-to-continue
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Dry conditions in southern Brazil and Argentina during the South American growing season threaten soybean, corn and meal supplies, which can support soybean complex and corn prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-07-01 | [La Nina to Continue Through 2022 Growing Season](https://feedsoft.ai/events/40393-la-nina-to-continue-through-2022-growing-season.md) | -2.7% | -2.3% |
| SOY | 2022-02-10 | [La Nina Continues to Affect South American Corn and Soybeans](https://feedsoft.ai/events/13744-la-nina-continues-to-affect-south-american-corn-and-soybeans.md) | -0.5% | +6.6% |
| SOY | 2022-01-14 | [La Niña Conditions Likely to Continue into Spring - AgWeb](https://feedsoft.ai/events/43037-la-nina-conditions-likely-to-continue-into-spring-agweb.md) | +3.6% | +15.9% |
| SOY | 2026-01-23 | [Argentina Dryness Continues to Expand](https://feedsoft.ai/events/13814-argentina-dryness-continues-to-expand.md) | +0.8% | +6.9% |
| SOY | 2020-08-24 | [La Nina could impact soybean planting in Brazil, Argentina - Brownfield Ag News](https://feedsoft.ai/events/51519-la-nina-could-impact-soybean-planting-in-brazil-argentina-brownfield-ag-news.md) | +5.5% | +13.5% |
| CORN | 2022-07-01 | [La Nina to Continue Through 2022 Growing Season](https://feedsoft.ai/events/40393-la-nina-to-continue-through-2022-growing-season.md) | +3.4% | -13.7% |
| CORN | 2022-02-10 | [La Nina Continues to Affect South American Corn and Soybeans](https://feedsoft.ai/events/13744-la-nina-continues-to-affect-south-american-corn-and-soybeans.md) | -0.0% | +11.8% |
| CORN | 2022-01-14 | [La Niña Conditions Likely to Continue into Spring - AgWeb](https://feedsoft.ai/events/43037-la-nina-conditions-likely-to-continue-into-spring-agweb.md) | -0.1% | +6.0% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/south-america-calling/blog-post/2020/11/16/la-nina-impact-continue-2

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