Brazil’s peak soybean harvest is coming up in the next few weeks. Any major delays in harvest will impact the Safrina corn crop. Optimum yields can disappear once corn planting stretches past the third week in February. World Weather Incorporated Senior Agricultural Meteorologist Drew Lerner says there will be more excitement in the marketplace regarding a short corn crop. “There’s always a chance seasonal rains will last longer than usual, but I’m not anticipating that. The soybean crop is recovering and the crop will mature soon. With the crop being in that state, timely rains right now should support better yields.” Dry conditions continue to challenge Argentina’s crops, but Lerner is surprised at how well the crop is holding together. “It’s not going to be a bumper crop, don’t get me wrong, they’re still going to be short, but it may not be the disaster folks are concerned about.”
