12-05-2011 08:40 AM
South America weather
Today's Freese-Notis Weather commentary is all about the weather in corn and soybean country down in Argentina and Brazil. Sounds like some much-needed rain is falling there and there's more in the forecast.
Got me wondering -- Freese-Notis makes the assertion that traders are really starting to watch South America closely as we get toward winter here. So, when you think about market factors relevant to how you market grain, do you consider South America specifically? Just curious.
So, what's happening at your place this morning? Going to be awfully chilly around here the next few days -- highs in the 20s and lows in the teens. Is it that time already?