A delay in soybean planting in Brazil is not usually a problem for the soybean crop. Corn Belt Marketing market analyst Larry Clay says the bigger issue is the timing of the second crop corn. “That takes us back to what-if those issues come up. When you look at the weather situation, there’s a La Nina pattern, not the most ideal conditions.” The uncertainty has traders looking at better demand for the U.S. “Add the mix of China buying and the unknown weather going forward, that starts delaying things.”
