As farmers check crop markets each day, the latest news on weather and crops in South American can help drive prices either direction. Parts of both Argentina and Brazil have struggled with drought conditions at times during this growing season. But both countries have also seen beneficial rains provide some relief, although yield potential may have been lost already, making the crop picture there harder to project.
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South America has large impact on markets, exports
South America’s large soybean and corn production means the weather and yields in that region can have a big impact for U.S. crop markets and exports.
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