# Here comes the rain again | ANZ

> ANZ Research says a developing La Niña could disrupt supply and demand across several commodities, with heavy rain in Asia and Australasia and drought risk in the Americas. The bank expects the biggest effect on winter heating and electricity demand.

- Date: 2020-10-22 · published 2020-10-22T12:00:00.000Z
- Category: weather · region Global · magnitude medium
- Page: https://feedsoft.ai/events/50563-here-comes-the-rain-again-anz
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Expected dry weather in South America and the US could weigh on soybean and corn yield prospects, supporting grain prices, while colder winter conditions could lift energy prices.

## Read by commodity

- SOY: bullish ▲
- WTI: neutral
- CORN: bullish ▲
- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-02-11 | [Lack of rain pressures corn and soybeans in the South](https://feedsoft.ai/events/13451-lack-of-rain-pressures-corn-and-soybeans-in-the-south.md) | -0.5% | +1.7% |
| CORN | 2017-05-02 | [Storm Damages Midwest Wheat Crop; More Heavy Rain to Come](https://feedsoft.ai/events/7003-storm-damages-midwest-wheat-crop-more-heavy-rain-to-come.md) | -0.6% | +1.5% |
| CORN | 2018-07-25 | [A change in the weather](https://feedsoft.ai/events/63939-a-change-in-the-weather.md) | +3.5% | +2.0% |
| CORN | 2025-01-06 | [What Drove the Recovery Rally in Grains and Cattle?](https://feedsoft.ai/events/11603-what-drove-the-recovery-rally-in-grains-and-cattle.md) | +4.1% | +5.3% |
| CORN | 2022-01-11 | [The heat is on in South America - Grain Central](https://feedsoft.ai/events/43043-the-heat-is-on-in-south-america-grain-central.md) | -2.8% | +4.1% |
| SOY | 2026-02-11 | [Lack of rain pressures corn and soybeans in the South](https://feedsoft.ai/events/13451-lack-of-rain-pressures-corn-and-soybeans-in-the-south.md) | +1.0% | +6.9% |
| SOY | 2018-07-25 | [A change in the weather](https://feedsoft.ai/events/63939-a-change-in-the-weather.md) | +5.3% | +1.9% |
| SOY | 2025-01-06 | [What Drove the Recovery Rally in Grains and Cattle?](https://feedsoft.ai/events/11603-what-drove-the-recovery-rally-in-grains-and-cattle.md) | +3.3% | +7.9% |

## Sources

- anz.com.au: https://www.anz.com.au/bluenotes/2020/10/anz-research-la-nina-commodities-supply-demand/

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