Traders will focus more and more on the South American Crop as we move further into December. Northstar Commodity Chief Analyst Mark Schultz says so far South American weather has been favorable for the crops. “Brazil looks good. There’s plenty of rain in the forecast,” he says. “Argentina has turned drier. There’s not much heat yet though.” Schultz says South American weather is a major focus. “I think the demand side has been less than desirable. I don’t see much there. There’s not a lot changing.”
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