(NAFB) – La Niña is affecting the major crop-growing regions of South America. Bryce Anderson, the senior ag meteorologist with DTN, gave a presentation on the weather during this year’s virtual Commodity Classic. The soybean crop year is winding down in South America, and farmers will be planting their second-corn crop when the soybeans get harvested. Anderson says the weather is looking dry as the second-corn crop will go into the ground.
The corn crop condition in Brazil will draw a lot of attention in the markets over the next several months.
The question is how much of that corn crop will get rain before things dry up in Brazil.
In the eastern hemisphere, snow cover looks adequate for Russia’s developing wheat crop.
However, there may be some drier weather ahead for Russian wheat.