StoneX Group commodities market analyst Mark Lucas says dry weather in Brazil is delaying planting progress, which will help U.S. exports. “The more it gets delayed, the longer the U.S. export season on corn and soybeans is, because typically by the end of January, South American exports take over to China. If they’re two to four weeks behind on planting, it extends our export season. That’s good for us and probably the biggest factor the rmarkets are watching.” Exports, in general, are chugging along. “Each day, there are more sales and you throw the weather scenario on top, it makes for better pricing.”
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