This Structural La Nina

A quick observation:  It looks like we can expect this structural La Nina event to persist for years to come.  When I say "persist," I do not mean in an uninterrupted manner...this makes no sense.  What I do mean is that when the ENSO Index swings back positive (marking a return to El Nino territory), these swings will have smaller amplitudes than their female counterparts.  There will also be less time spent in El Nino territory in the coming years.

For illustrative purposes, and to lay out the basis of my analysis, I'm embedding a graphic of a structural ENSO index that I created.  Non-standard signal processing methods were used, and the results are free of noise, lies, and bias.

What are the implications?  Well, for starters:

1) Persistent grain market volatility
2) Upwardly-flexible grain prices (buy them dips)
3) More (hard to imagine any more) angry peoples from high-MPC, cereal-consuming nations
4) Persistent drought conditions in the lower US states
5) Increased water infrastructure investment/enhancement/expenditure in the southern US
6) Increased protectionism
7) A burgeoning water-rights market
8) Growing amounts of political disenchantment