Grain and oilseed farmers should not expect any price help from South America, say analysts. That region of the world is anticipating another bumper crop of corn and soybeans.
Tag Archives South American crops
South American crop forecasts keep booming
Massive soybean and corn harvests in Brazil and Argentina are expected to keep a lid on prices for at least the first half of the year
Dry weather affects crop production in other countries
While Prairie producers are expecting good growing conditions this year, other countries currently struggle with dryness
REGINA — Dry conditions are affecting South American crops, which in turn will affect markets, says agricultural meteorologist Drew Lerner. The recent bump in corn and soybean prices has come from drier weather in Argentina and Brazil, the World Weather Inc. president told a Jan. 7 webinar. Uruguay and parts of Paraguay are also dry. […] Read more
El Nino should benefit South American crops
South American crop production should benefit from the El Nino weather phenomenon that is expected to be in place through the northern hemisphere winter, says an analyst. It will be a welcome reprieve from three consecutive years of La Nina, especially in Argentina, which is still recovering from the worst drought in 60 years. “Their […] Read more
