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Barchart
Barchart
Angie Setzer

Sunday Scaries: What I'm Watching This Week In The Grain Markets

My level of concern when it comes to Brazilian weather has been on the rise recently. The pattern has been less than ideal in many parts of the country. Too much rain has been seen in southern regions where upwards of 30” of rain fell in October. Northern and eastern portions of the country have been struggling with the opposite, with October one of the hottest and driest seen in several years.

The situation is a mixture of both in central regions, with planting progressing slower than normal throughout Mato Grosso and surrounding areas. Some agronomists have reported farmers may look to replant, while others have said some farmers may choose to skip planting soybeans entirely, focusing instead on cotton.

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