Less than ideal weather continues to plague South American farmers.

Dr. Michael Cordonnier with Soybean and Corn Advisor in Chicago says the current growing seasons in Brazil and Argentina both started dry, then turned wet.  He tells Brownfield while Brazil has stayed in a wetter pattern, the rain has turned off in Argentina.

“They had a very dry February, first half of March has been dry as well. Everybody is lowering their estimates.”

The Buenos Aires Grain Exchange recently lowered its Argentine soybean estimate by two million tons to 44 million.

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