# #Agbiz: East African, South American crops at risk with La Niña | OFM

> South African economist Wandile Sihlobo of Agbiz said Australia's Bureau of Meteorology expects La Niña to last until at least February 2021. He warned of below-average rainfall in East Africa and dryness in parts of Argentina and Brazil, with planting in those countries lagging.

- Date: 2020-11-17 · published 2020-11-17T12:00:00.000Z
- Category: weather · region South America · magnitude medium
- Page: https://feedsoft.ai/events/50068-agbiz-east-african-south-american-crops-at-risk-with-la-nina-ofm
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lagging South American planting and dry risk raise the chance of smaller soybean and corn crops, supporting feed commodity prices if the dryness persists.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-11-30 | [Will La Niña Impact South America's Grains Crops? \| CZ app](https://feedsoft.ai/events/50005-will-la-nina-impact-south-america-s-grains-crops-cz-app.md) | -2.4% | +5.3% |
| SOY | 2021-10-19 | [La Niña Is Back—What That Means for North and South American Crops](https://feedsoft.ai/events/44469-la-nina-is-back-what-that-means-for-north-and-south-american-crops.md) | +1.3% | +2.9% |
| SOY | 2021-08-26 | [Column: La Nina's return could threaten South American crops, again](https://feedsoft.ai/events/45427-column-la-nina-s-return-could-threaten-south-american-crops-again.md) | -5.1% | -4.6% |
| SOY | 2018-02-01 | [La Niña May Stall South America Output](https://feedsoft.ai/events/66420-la-nina-may-stall-south-america-output.md) | -1.3% | +6.2% |
| SOY | 2021-08-24 | [Dry weather risk for 2021/22 South American crops: Grain market daily \| AHDB](https://feedsoft.ai/events/45430-dry-weather-risk-for-2021-22-south-american-crops-grain-market-daily-ahdb.md) | +0.8% | -1.5% |
| CORN | 2020-11-30 | [Will La Niña Impact South America's Grains Crops? \| CZ app](https://feedsoft.ai/events/50005-will-la-nina-impact-south-america-s-grains-crops-cz-app.md) | -1.5% | -1.0% |
| CORN | 2021-10-19 | [La Niña Is Back—What That Means for North and South American Crops](https://feedsoft.ai/events/44469-la-nina-is-back-what-that-means-for-north-and-south-american-crops.md) | +0.7% | +10.3% |
| CORN | 2021-08-26 | [Column: La Nina's return could threaten South American crops, again](https://feedsoft.ai/events/45427-column-la-nina-s-return-could-threaten-south-american-crops-again.md) | -4.6% | -11.0% |

## Sources

- ofm.co.za: https://www.ofm.co.za/article/agri-hour/299158/-agbiz-east-african-south-american-crops-at-risk-with-la-ni%C3%B1a

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