U.S. forecaster sees 65% chance for no El Nino, La Nina during summer

After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% over 20.

• Dec 12, 2024US forecaster sees 59% chance of weak, brief La Nina forming by January-0.0%
• Nov 14, 2024US forecaster sees 57% chance of La Nina developing between now and December | Reuters+0.2%
• Feb 12, 2026US forecaster sees signs of La Nina shift towards El Nino conditions in early 2026 | Reuters-0.0%
• Jun 13, 2024La Nina weather 65% likely to develop in July-Sept, says US forecaster | Reuters-2.1%
• Mar 3, 2025What La Nina’s departure could mean for U.S. ag-0.2%

After 324 past neutral weather events, Soybeans moved a median +0.0% over 5 sessions (52% higher; middle half -1.4% to +1.7%), and +0.7% over 20.

• Dec 12, 2024US forecaster sees 59% chance of weak, brief La Nina forming by January-4.4%
• Nov 14, 2024US forecaster sees 57% chance of La Nina developing between now and December | Reuters-1.4%
• Feb 12, 2026US forecaster sees signs of La Nina shift towards El Nino conditions in early 2026 | Reuters+1.5%
• Mar 3, 2025What La Nina’s departure could mean for U.S. ag-0.1%
• Mar 9, 2017El Nino may arrive this summer and fall-1.3%