La Nina 2020-22 is likely to produce a 3rd peak in November followed by a steady demise in early 2023. Most analog and dynamic model forecasts agree with this scenario. Neutral ENSO evolves by FEB/MAR 2023 and El Nino may follow for the second half of 2023. If El Nino generates later in 2023, a much different climate pattern emerges. Included wet risk for the Southern U.S. and northern Argentina/southern Brazil and a dry climate for India, Southeast Asia, Indonesia, and Australia.