Highlights
There were rains of 2.5 to 3.5 inches across a wide area of Argentina’s crop land yesterday and more rain is expected this Sunday through Wednesday next week.
AgRural reported yesterday Brazil’s soybean crop was 23% harvested as of last Thursday, an increase from 15% last week. They say the second crop corn is 36% planted.
Ag Resource estimates that 24% of the soybeans have been harvested and about 30% of the second-crop safrinha corn was planted across Brazil as of Sunday.
The NOPA crush for January will be released today around noon.
American and Russian officials will meet in Saudi Arabia this week to begin talks to end the war in Eastern Europe. Official talks will begin today. The EU and Ukrainian officials were not invited.