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Rainfall Deficit in Brazil Continues to be a Major Concern for Booming Agribusiness

RIO DE JANEIRO, BRAZIL - Rainfall was spotty over the seven-day period from November 20th to the 26th across Brazil and Argentina. This is not an encouraging signal as we are in the midst of a critical period and lacking rainfall will quickly build stress for corn and soybean growing areas in Brazil.

Looking ahead in the short term as we wrap up November and begin December, rainfall chances look to improve for portions of Argentina’s soybean growing region into southern Brazil, but Subscribe to our Premium Membership Plan. Already Subscribed?

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