According to Soybean and Corn Advisor President Michael Cordonnier, some areas of Brazil’s second crop corn have enough moisture for pollination, but the majority is dry. “I think the rainy season is over. Every week now that it stays dry, the possibility of the rain picking up is less and less.” The combination of early onset of cold weather in southern Brazil and an early end to the rainy season is a perfect storm. “Prices are unbelievably high.”
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.