Rainfall in Buenos Aires and Santa Fe in Argentina and Rio Grande do Sul Brazil has been limited during the past seven days. This, in combination with episodes of hot weather is depleting soil moisture and increasing stress on filling soybeans in Rio Grande do Sul and filling corn and soybeans in central Argentina.
Current indications are that the next chance of any widespread, significant rainfall in these areas will not be until early next week. With temperatures expected to rise prior to this rain event, crop stress will continue to increase. This situation bears watching.
Daily episodes of scattered showers in central Brazil favors filling soybeans, but is likely having some impact on the soybean harvest and planting of second-crop corn.
Michael Palmerino can be reached at email@example.com
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