SAO PAULO, Brazil (DTN) -- South America pressured soybean and corn markets in 2015 and there are indications that they may do the same in 2016.
With no clear end to the political and economic turmoil in Brazil, the balance of probabilities indicates no reversal of the devaluation of the real that made local farmers so competitive last year.
Meanwhile, the end of many grain export controls and the floating of the peso may lead Argentina to dump much of its massive soybean stocks during the course of the year.
MATO GROSSO DRYNESS ONE BULLISH NOTE
The one bullish South ...