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Patagonia is the lower portion of South America, governed by Chile and Argentina. Starting at latitude 37° south and extending to 51°S, it covers an area...
Export demand for New Zealand has increased due to stronger demand from China.
The weather in South America remains one potentially bullish factor.
While it remains early enough where some flooded out land could potentially be replanted for soybeans, it is too late to try and recover the corn...