Articles tagged under: South America

Good Crop Potential Remains in South America

Published December 16, 2021

Traders are shifting their focus to South American corn and soybean production. Loewen and Associates President Pete Loewen expects increasing production from Argentina and Brazil. "The start to their growing season seemed to be better this year than last year.…

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South America Getting Timely Rains for Crop Production

Published November 26, 2021

Northern and central Brazil have been getting timely rains with plenty of subsoil moisture for crop development. World Weather Incorporated Meteorologist Drew Lerner says southern Brazil does not have the subsoil moisture to sustain crops for very long. "If you…

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Concern Lingers for La Nina’s Impact on South America

Published November 26, 2021

Despite the decent weather and growing conditions in South America, there are still concerns about the adverse effect of a La Nina as winter progresses. This concern is expected to keep U.S. soybean prices stronger until more is known about…

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Global Grain Competition Heats Up

Published November 12, 2021

China’s demand for grain and oilseeds remains strong. "Now, the puzzle: how much will China buy and when? It's a big unknown," says Al Kluis, market analyst, Kluis Commodity Advisors. "Private forecasters and attaches in China seem to agree the…

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South American Weather is Key

Published November 11, 2021

Zaner Ag Hedge Chief Marketing Strategist Ted Seifried is expecting a sideways to firmer trade going into the end of 2021 with South American weather coming to the forefront. "There's a very strong chance of a La Nina for South…

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Brazil May Become World’s Largest Soybean Producer in 2022

Published November 10, 2021

The USDA is forecasting higher corn production and lower soybean production for Argentina in the next year. USDA is also estimating record soybean production for Brazil in the new crop year at 144 million tons. For perspective, Advance Trading Commodity…

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A Boost in Supplies Expected in November WASDE

Published November 8, 2021

Trade estimates for USDA's November Supply and Demand report are bigger than the October USDA Supply and Demand report. Abbott Futures market analyst Ron McDaniel says how much bigger the supplies will be is the question. "I don't think the…

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South America Planting Pace Ahead of Norm, Brazil’s Safrina Crop Unknown

Published October 23, 2021

Brazilian agriculture consultant Kory Melby says Brazil’s corn planting is off to a phenomenal start. Compared to the long term records, this is the second fastest planting pace on record. Melby says there will likely be an increase in corn acres…

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Too Early for South America Planting to Impact Grain Markets

Published October 5, 2021

Early planting continues in South America. Northstar Commodity Chief Analyst Mark Schultz thinks it's far too early for traders to be concerned about that planting progress. "Of course, there is a La Nina has formed. That can cause some issues.…

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Dry Concerns Linger as South American Planting Begins

Published October 4, 2021

Early planting is happening in Argentina. World Weather Incorporated Senior Ag Meteorologist Drew Lerner says there are lingering concerns about dryness. "The west central and northern parts of the country are pretty darn dry. They need a significant amount of…

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