US soybeans production struggle to keep up with inventories. Despite a drop in numbers, Brazilian and Argentinian production keep soybeans fear at bay.
Ukraine faces off against Argentina in becoming the second top exporter of corn.
While some BRIC countries lived up to their potential, others fell from the burden of expectations.
Some countries are implementing changes to improve local production of raw minerals and lessen dependence on imports.
The public and opposition are criticizing the UK government's support for Brazil's oil efforts.
The United States is included in the list of the more ‘upbeat’ countries.
With so many additional bushels being produced in South America, we have to expect greater export competition.
The USDA sees planting acreage falling to 90.0 million acres. Well below the 94.0 million acres that were planted in 2016.
There is less production in Brazil this year due to the drought in northeast Brazil. Production ideas range from 45 to 50 million bags.
The weather in South America remains one potentially bullish factor.