# November 2016 La Niña update: Hello, lady! | NOAA Climate.gov

> NOAA Climate.gov confirms La Niña has officially arrived, since the Niño3.4 index was about -0.7°C in October and atmospheric circulation is stronger than average. The sea-surface temperature signal is expected to persist for several overlapping three-month periods, though only just.

- Date: 2016-11-10 · published 2016-11-10T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/73775-november-2016-la-nina-update-hello-lady-noaa-climate-gov
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Official La Niña status signals a higher risk of drought for South America and the US southern Plains, which can support grain and oilseed prices.

## Read by commodity

- SOY: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-11-10 | [November 2022 La Niña update: Let’s get some exercise \| NOAA Climate.gov](https://feedsoft.ai/events/38576-november-2022-la-nina-update-let-s-get-some-exercise-noaa-climate-gov.md) | -2.1% | +1.8% |
| SOY | 2021-10-14 | [October 2021 ENSO update: La Niña is here! \| NOAA Climate.gov](https://feedsoft.ai/events/44467-october-2021-enso-update-la-nina-is-here-noaa-climate-gov.md) | +4.2% | +0.7% |
| SOY | 2022-10-13 | [October 2022 La Niña update: snack size \| NOAA Climate.gov](https://feedsoft.ai/events/39022-october-2022-la-nina-update-snack-size-noaa-climate-gov.md) | -1.7% | +4.6% |
| SOY | 2022-07-14 | [July 2022 La Niña update: comic timing \| NOAA Climate.gov](https://feedsoft.ai/events/40391-july-2022-la-nina-update-comic-timing-noaa-climate-gov.md) | -8.8% | +6.3% |
| SOY | 2024-11-14 | [November 2024 ENSO update: ask me anything \| NOAA Climate.gov](https://feedsoft.ai/events/27324-november-2024-enso-update-ask-me-anything-noaa-climate-gov.md) | -1.4% | -0.8% |
| WHEAT | 2022-11-10 | [November 2022 La Niña update: Let’s get some exercise \| NOAA Climate.gov](https://feedsoft.ai/events/38576-november-2022-la-nina-update-let-s-get-some-exercise-noaa-climate-gov.md) | +1.3% | -8.6% |
| WHEAT | 2021-10-14 | [October 2021 ENSO update: La Niña is here! \| NOAA Climate.gov](https://feedsoft.ai/events/44467-october-2021-enso-update-la-nina-is-here-noaa-climate-gov.md) | +1.3% | +9.2% |
| WHEAT | 2022-10-13 | [October 2022 La Niña update: snack size \| NOAA Climate.gov](https://feedsoft.ai/events/39022-october-2022-la-nina-update-snack-size-noaa-climate-gov.md) | +3.8% | +4.5% |

## Sources

- climate.gov: https://www.climate.gov/news-features/blogs/enso/november-2016-la-ni%C3%B1a-update-hello-lady

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