# La Niña's effect for Aussie grain markets | Queensland Country Life | QLD

> The Bureau of Meteorology has raised its ENSO outlook to La Niña, with conditions needing to persist at least three months to count as a La Niña year. BOM expects a weak, short-lived event that may last only until early autumn in Australia.

- Date: 2017-12-17 · published 2017-12-17T12:00:00.000Z
- Category: weather · region Australia · magnitude low
- Page: https://feedsoft.ai/events/67401-la-nina-s-effect-for-aussie-grain-markets-queensland-country-life-qld
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A weak, short La Niña implies only modest rainfall gains for Australian grain areas, so the price effect on wheat and barley is limited.

## Read by commodity

- WHEAT: neutral
- BARLEY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-10-15 | [Warm weather hastens harvest \| Queensland Country Life \| QLD](https://feedsoft.ai/events/12848-warm-weather-hastens-harvest-queensland-country-life-qld.md) | +1.9% | -0.2% |
| WHEAT | 2019-08-26 | [CQ tipped to have above average cereal harvest \| Queensland Country Life \| QLD](https://feedsoft.ai/events/57538-cq-tipped-to-have-above-average-cereal-harvest-queensland-country-life-qld.md) | +0.9% | -0.2% |
| WHEAT | 2023-09-27 | [Grain growers face a marketing mind shift \| The Land \| NSW](https://feedsoft.ai/events/34068-grain-growers-face-a-marketing-mind-shift-the-land-nsw.md) | -5.3% | -2.4% |
| WHEAT | 2019-09-16 | [MARS cuts EU grain yields especially for corn market](https://feedsoft.ai/events/57025-mars-cuts-eu-grain-yields-especially-for-corn-market.md) | +2.1% | +1.2% |
| WHEAT | 2019-10-30 | [Central Queensland winter crop defies eastern drought - Grain Central](https://feedsoft.ai/events/56536-central-queensland-winter-crop-defies-eastern-drought-grain-central.md) | -0.2% | +7.3% |

## Sources

- queenslandcountrylife.com.au: https://www.queenslandcountrylife.com.au/story/5122119/what-does-la-nina-actually-mean/

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