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South America Update

Planting is going well in Brazil with the help of good weather: 93% complete in Mato Grosso, 81% in Parana, and 35% in Rio Grande do Sul. But the weather is not helping in Argentina. Early dryness held farmers to only 42% of corn planted, now excessive rain has halted planting and seedlings are suffering fungal issues. Only 22% of soybeans are planted.

 

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