Marketers are watching Ukraine, South America

Marketers are watching Ukraine, South America

A marketing expert says traders are watching two growing regions very closely now. 

John Heinberg with Total Farm Marketing tells Brownfield there is a focus on South American weather with dryness bringing down yield projections for soybeans and corn in Brazil and Argentina. “China might step in the back half here after we get through the South American harvest and be active in the marketplace, again, putting some pressure on us as U.S.