The chief economist at the U.S. Department of Agriculture says global competition for corn and soybean production is being closely monitored.

Seth Meyer tells Brownfield Brazil is forecast to have a record corn and soybean production and planting pace is key.

“If that crop is early, it is more likely to be a better crop and if it is in late, it is more exposed to the end of rainfall for that second crop corn.”

At the same time, the U.S.

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