Corn Rains finally arrived across much of Argentina’s agricultural region, halting the crop deterioration seen in recent weeks. The core corn and soybean region benefited most, with some areas receiving up to 100 mm. However, localized damage from excess moisture, wind and hail affected an estimated 400,000 hectares across corn and soybeans. The south, particularly southeastern Buenos Aires Province, received less relief and soil moisture deficits remain visible. Crop development there is somewhat delayed, which may allow additional time for recovery if follow-up moisture arrives.
Corn conditions had been declining sharply week after week, and this marks the first stabilization. Currently, 43 percent of the crop is rated good to exce...
What You Need to Know Today: Non-farm payrolls rose by 172,000 jobs in May, above economist expectations of 80,000 jobs. With the job market strong, the Fed may consider raising interest rates to tame inflation. The strong jobs report was a catalyst for lower risk appetite across financial and...
What You Need to Know Today: A case of New World Screwworm was detected in Texas, the first in the U.S. since 1966. With cases creeping closer to the U.S. border, it was only a matter of time. APHIS confirmed that larvae were detected in the umbilical area of a 3-week-old calf in Zavala County...
