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Ol’ Wisco | We have a hard time gauging a crop in the US let alone one a hemisphere away so I’m going to play devils advocate on this one.
Look at the core production areas of Mato Grasso, Rio Grande do Sul, and Parana about 70% of Brazilian production. The major producing areas in those states have received the equivalent of 2-6” in the last 2 weeks and modest seasonal rainfall. While still below seasonal levels considering the disease issues they face down there it might not be a bad thing.
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South America weather still a concern
