Midwest rains expected to pick up in late June

NOAA’s two-week outlook calls for above-average rain and below-average temperatures in most of the Grain Belt, which should be favorable for developing corn and soybean crops. Expected rains have put some pressure on prices even as above-average temperatures dried out soils during the past [...]

A wet start to South American soybean harvest

As of last week, soybean harvest in Brazil’s Mato Grosso was just over 2 percent complete, down about 12 points YOY and almost 10 points below the five-year average. Rain is expected in Mato Grosso in the near term but should not hinder decent [...]