MARKETS NEWS
Jerry Gulke DTN Columnist
Sun Feb 17, 2013 07:03 PM CST

The concerning weather situation a couple weeks ago has turned into a more favorable pattern with Argentina getting rains in key areas and we proved moisture can fall in the U.S. While the crop expectation for Argentina has been lowered, Brazil's crop has been increasing. Odds are South America in total will produce a billion bushels more soybeans than last year -- meaning their export program will likely linger into our harvest time, unlike most years when their exports run out about the time we harvest.

This year South America will see their stocks on Sept. 1 (the start of ...

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