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Inside Look at South American Crop Production

2013-02-12 00:11:00| Corn & Soybean Digest

South America is going to throw up huge numbers, there is no argument or debate, but they also might use a little more. Regardless of the weather from here on out, they are almost certain to produce an additional 30 million metric tons (maybe even more) of soybeans compared to last year. We may also see new record corn production as well. CONAB is thinking 5MMT's more corn than the current USDA estimate and 3MMT's more than last years record corn crop. This may be a little optimistic Grain Market Viewpoint read more

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