World Perspectives
feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

During the next month, South American farmers will have to start considering their planting intentions for the 2015/16 season. Ther market there, though, is currently being impacted by several other factors.Favorable crop yields in South America will partially offset weak prices for farmers there. The pictures below show the good condition of soybean and corn crops going into harvest:Farmers are not anxious to sell at current prices, but some selling of soybeans and corn is necessary in order to make payments. There will presumably be an attempt to delay acceptance of offers on soybeans as long as possible and instead sell corn first in order to generate the necessary cash. As well, farmers will strive to harvest and deliver directly to the...

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