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Maybe this is what's behind the soybean price.
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Markwright
Posted 2/24/2014 20:54 (#3714380 - in reply to #3714001)
Subject: RE: Maybe this is what's behind the soybean price.


New Mexico		Minas Gerias, Goias, MG do Sul, Bahia been the hottest and drier than they been in 137 years.

some of the other States ( including MG ) been plenty hot and dry...not as bad as the above 4 though.

IF BR is 20% under average expectioans of the 90 mmt record crop, they'll harvest 72mmt.

they are 15% under now, MO. 20% under? maybe.
there are no high or record yield areas there this harvest.
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