# Looming La Niña could affect yields, prices – Ohio Ag Net | Ohio's Country Journal

> An Ohio analysis expects USDA's upcoming supply and demand report to lower US corn and wheat ending stocks while raising soybean stocks. It cites declining Argentine corn output, possible Brazilian soybean export gains and dry weather in Brazil's corn belt.

- Date: 2018-02-08 · published 2018-02-08T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/66350-looming-la-nina-could-affect-yields-prices-ohio-ag-net-ohio-s-country-journal
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lower projected corn and wheat carryouts from export demand and South American weather support prices, while rising soybean stocks would weigh on soy values.

## Read by commodity

- SOY: bearish ▼
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-11-12 | [More regular rains take Brazil’s soybean planting to 58% – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/55903-more-regular-rains-take-brazil-s-soybean-planting-to-58-ohio-ag-net-ohio-s.md) | -0.5% | -2.9% |
| CORN | 2018-06-06 | [Markets have plenty to watch as summer heats up – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/6749-markets-have-plenty-to-watch-as-summer-heats-up-ohio-ag-net-ohio-s-country.md) | -1.8% | -7.2% |
| CORN | 2020-02-25 | [Dryness worsens in the South as Brazil’s soy harvest reaches 31% – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/54462-dryness-worsens-in-the-south-as-brazil-s-soy-harvest-reaches-31-ohio-ag-net.md) | +0.4% | -4.8% |
| CORN | 2019-05-17 | [Column: Corn prices jump as soggy fields delay planting \| Business \| journalgazette.net](https://feedsoft.ai/events/12130-column-corn-prices-jump-as-soggy-fields-delay-planting-business-journalgazette.md) | +1.6% | +9.9% |
| CORN | 2022-07-29 | [Dip in grain prices may linger but prices could strengthen - High Plains Journal](https://feedsoft.ai/events/40511-dip-in-grain-prices-may-linger-but-prices-could-strengthen-high-plains-journal.md) | +2.4% | +3.2% |
| WHEAT | 2021-10-14 | [Analyst Insight: La Niña could keep domestic wheat prices supported going into 2022 \| AHDB](https://feedsoft.ai/events/44470-analyst-insight-la-nina-could-keep-domestic-wheat-prices-supported-going-into.md) | +1.3% | +9.2% |
| WHEAT | 2022-07-26 | [La Nina having 'significant effect' on Argentine corn, wheat hopes - Grain Price News](https://feedsoft.ai/events/40395-la-nina-having-significant-effect-on-argentine-corn-wheat-hopes-grain-price-news.md) | +5.9% | +0.6% |
| WHEAT | 2019-01-27 | ['Next harvest could be a different story than this year on prices' - Agriland.ie](https://feedsoft.ai/events/61034-next-harvest-could-be-a-different-story-than-this-year-on-prices-agriland-ie.md) | +0.1% | -2.8% |

## Sources

- ocj.com: https://ocj.com/2018/02/looming-la-nina-could-affect-yields-prices/

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