# IRI – International Research Institute for Climate and Society | December Climate Briefing: New Year, Same La Niña

> The IRI December briefing reports that Nino3.4 sea-surface temperatures have held near -0.8C, a weak La Niña state. NOAA's Climate Prediction Center and IRI expect these conditions to persist, and the ENSO alert was upgraded to a La Niña Advisory.

- Date: 2017-12-27 · published 2017-12-27T12:00:00.000Z
- Category: weather · region Global · magnitude medium
- Page: https://feedsoft.ai/events/67399-iri-international-research-institute-for-climate-and-society-december-climate
- 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

A persistent La Niña raises the risk of dryness in Argentina and southern Brazil, which can cut South American soybean and corn output and support prices for soy meal and corn.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-10-23 | [IRI – International Research Institute for Climate and Society \| October Climate Briefing: La Niña Comes Knocking](https://feedsoft.ai/events/50562-iri-international-research-institute-for-climate-and-society-october-climate.md) | -2.0% | +9.7% |
| SOY | 2020-07-21 | [IRI – International Research Institute for Climate and Society \| July Climate Briefing: La Niña Watch Issued](https://feedsoft.ai/events/52035-iri-international-research-institute-for-climate-and-society-july-climate.md) | +0.4% | +1.1% |
| SOY | 2016-11-22 | [IRI – International Research Institute for Climate and Society \| November Climate Briefing: La Niña Arrives, Some Impacts Likely](https://feedsoft.ai/events/73773-iri-international-research-institute-for-climate-and-society-november-climate.md) | +2.2% | -1.5% |
| SOY | 2020-08-20 | [IRI – International Research Institute for Climate and Society \| August Climate Briefing: La Niña Seeming More Likely](https://feedsoft.ai/events/51518-iri-international-research-institute-for-climate-and-society-august-climate.md) | +0.8% | +12.7% |
| SOY | 2017-09-28 | [IRI – International Research Institute for Climate and Society \| September Climate Briefing: Surprise La Niña or Ephemeral Cooling?](https://feedsoft.ai/events/68869-iri-international-research-institute-for-climate-and-society-september-climate.md) | -0.8% | +1.0% |
| CORN | 2020-10-23 | [IRI – International Research Institute for Climate and Society \| October Climate Briefing: La Niña Comes Knocking](https://feedsoft.ai/events/50562-iri-international-research-institute-for-climate-and-society-october-climate.md) | +0.8% | +10.6% |
| CORN | 2020-07-21 | [IRI – International Research Institute for Climate and Society \| July Climate Briefing: La Niña Watch Issued](https://feedsoft.ai/events/52035-iri-international-research-institute-for-climate-and-society-july-climate.md) | -0.3% | +2.6% |
| CORN | 2016-11-22 | [IRI – International Research Institute for Climate and Society \| November Climate Briefing: La Niña Arrives, Some Impacts Likely](https://feedsoft.ai/events/73773-iri-international-research-institute-for-climate-and-society-november-climate.md) | -3.6% | -0.8% |

## Sources

- iri.columbia.edu: https://iri.columbia.edu/news/december-climate-briefing-new-year-same-la-nina/

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