Home / News / Crops news / Markets eye South American weather

Markets eye South American weather

12/12/2011 @ 3:48pm

With the U.S. farm ground freezing, marketwatchers turn their attention to South America's critical crop-weather this week. 

Craig Solberg, Freese-Notis meteorologist, is noticing a dry weather pattern setting in around southern Brazil and Argentina.

Meanwhile, Palouser, a Marketing Talk member is keeping one eye on South American weather. "My understanding is dryness in Brazil is consistent with the Pacific Oscillation cycle that is also bringing rain to Australia and was responsible in a big way for N American weather this last year."

As of this week, parts of Brazil's corn crop is threatened, according to the Dow Jones Newswire.

CancelPost Comment
MORE FROM MIKE MCGINNIS more +

Soybeans Jump Up 5¢ Wednesday By: 04/01/2015 @ 8:46am DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group's corn, soybean and wheat…

Corn, Soybean Trading Seen Leaning Higher… By: 04/01/2015 @ 7:35am On Wednesday, the CME Group's corn, soybean and wheat markets are expected to start mostly…

USDA Data Drops Corn 18¢ Tuesday By: 03/31/2015 @ 10:22am DES MOINES, Iowa (Agriculture.com)—It’s a big surprise from the USDA Tuesday. The U.S…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Planter tips: Pneumatic seed meters
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]