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| Marking thread
For the content.
Interesting
South America is a hudge influence in this market as well as China.
Sand p global source
The average projection for Brazilian soybean in 2020-21 marketing year (February 2021 - January 2022) has been revised up 400,000 mt from December estimates to 132.2 million mt, analysts said.
A similar trend is brewing in Argentina, where the soy production expectations for 2020-21 have increased 500,000 mt from November forecast to 47 million mt.
For the coming days, rains in South America are not showing any signs of relenting either.
Rains will remain active across Mato Grosso, Mato Grosso do Sul, Parana, Santa Catarina and Rio Grande do Sul, which will continue to support corn and soy growth in these areas for the week ending Jan. 30, weather agency Maxar said Jan. 22. In Argentina, rains have been sufficient in central and northern areas, thus supporting corn and soy growth, it added
Long way to go for planting in U.S.
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80-20 rule
