Soybeans are now in the first South Amnerican weather market of the year. The problem centers in Argentina, where it has gone from way too much rain in October and November to almost no rain from 1 December through today. The map below is from a weather forecaster in Argentina and it shows the soil moisture situation across the primary soybean production regions in Argentina.
Below is the 10 day-forecast for the city of Cordoba, Argentina.
Approximately 18 percent of the U.S. corn crop is irrigated. Much of this irrigation is, of course, for supplementary water. It can't carry a corn crop through a drought. There already is some talk in the western states (Nebraska, Kansas) about the possibility that irrigation might...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
