A grain market analyst says the U.S. might get more export business if the developing weather problem in South America doesn’t change in the next few weeks.
Dan Basse with Ag Resource Company tells Brownfield northern Brazil is dry, causing germination problems with the recently planted crops.
“The tropical area that typically gets an abundance of rain, maybe 12 to 15 inches each month, has only had about one-third of its normal rainfall starting back in August.”
Basse says the alarm button would be hit if crops aren’t planted by mid-November or need to be re-seeded.
