# Analyst Insight: La Niña weather event could impact your rapeseed price | AHDB

> UK wheat, Paris milling wheat and Chicago wheat futures fell on October 28 amid a broad financial sell-off tied to rising Covid-19 infections and weaker energy markets. Brent was down 6.3% over the week, and the article flags a 55% chance of La Niña persisting from December to February.

- Date: 2020-10-29 · published 2020-10-29T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/50745-analyst-insight-la-nina-weather-event-could-impact-your-rapeseed-price-ahdb
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

La Niña typically brings drier conditions to South America and wetter weather to Australia, which can affect global oilseed and grain supply and support prices. Energy weakness and macro anxiety are currently the dominant pressure on grain prices.

## Read by commodity

- SBO: neutral
- BRENT: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-02-08 | [La Niña in 2024 could drive grain prices: Grain market daily \| AHDB](https://feedsoft.ai/events/31588-la-nina-in-2024-could-drive-grain-prices-grain-market-daily-ahdb.md) | -4.2% | -1.8% |
| WHEAT | 2017-07-28 | [Weather events cause global feed prices to dip - Pig World](https://feedsoft.ai/events/70040-weather-events-cause-global-feed-prices-to-dip-pig-world.md) | +6.3% | -0.9% |
| WHEAT | 2020-10-12 | [La Niña weather pattern to affect local agriculture but in a good way - AFDJ](https://feedsoft.ai/events/50567-la-nina-weather-pattern-to-affect-local-agriculture-but-in-a-good-way-afdj.md) | +1.2% | -0.3% |
| WHEAT | 2020-05-14 | [Weather models point to possible La Nina in spring - Grain Central](https://feedsoft.ai/events/53051-weather-models-point-to-possible-la-nina-in-spring-grain-central.md) | +0.4% | +1.0% |
| WHEAT | 2025-04-29 | [The end of La Niña: Lessons about Plains wheat drought & why spring weather is bearish for most grain markets - The Globe and Mail](https://feedsoft.ai/events/25030-the-end-of-la-nina-lessons-about-plains-wheat-drought-and-why-spring-weather-is.md) | +2.1% | -2.8% |
| BRENT | 2018-12-01 | [LNG Prices Are In A Tailspin Due To Warmer Weather \| OilPrice.com](https://feedsoft.ai/events/61752-lng-prices-are-in-a-tailspin-due-to-warmer-weather-oilprice-com.md) | +6.0% | -10.4% |
| BRENT | 2022-12-06 | [Competitive Black Sea wheat pressuring prices, explained: Grain market daily \| AHDB](https://feedsoft.ai/events/38266-competitive-black-sea-wheat-pressuring-prices-explained-grain-market-daily-ahdb.md) | -6.1% | -7.8% |
| BRENT | 2017-01-03 | [The End Of The Rally? Oil Reverses, Natural Gas Trounced \| OilPrice.com](https://feedsoft.ai/events/11916-the-end-of-the-rally-oil-reverses-natural-gas-trounced-oilprice-com.md) | -1.6% | -1.0% |

## Sources

- ahdb.org.uk: https://ahdb.org.uk/news/la-nina-weather-event-could-impact-your-rapeseed-price

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