South America Weather Overview Argentina received some rainfall this week, but precipitation was concentrated in the northeast and western regions, with accumulations well below crop requirements. Looking ahead, temperatures are expected to rise over the coming days, with highs between 36°C and 38°C. Extended forecasts show no meaningful precipitation for at least the next 10 days. December and January precipitation anomalies confirm rainfall well below normal levels, reinforcing growing weather stress across key producing areas.
CORN Corn crops continue to suffer, with irreversible damage already evident in some fields. Crop conditions deteriorated further this week following two consecutive weeks of sharp declines. The share of g...
Key Takeaways: Continued domestic demand for soyoil in the U.S. will drive prices higher and create a firmer outlook for global soybean values and crush margins. U.S. soyoil prices are set to increase 13-16 percent over the next four months as the domestic demand expansion takes hold. Th...
Key Takeaways: Tensions in the Persian Gulf are further away than ever from being resolved, as the ceasefire has fallen apart completely and the U.S. and Iran are back to trading blows. Ships are still cautiously exiting the Strait of Hormuz but at a much slower rate than just a few week...
