Brazil's second crop of corn sees dryness. Rio Grande do Sul rains hamper remaining soybean harvest.

For South America our main focus is the developing second crop of corn. From planting through the vegetative growth stage, January through mid-March, rains were -37% from normal. Mid-March to current rains, pollination to early kernel fill, have run -5% from normal. However, it must be noted the past two weeks with that seven-week count were problems at -60% and -71% from normal. The two-week forecast suggests this drier pattern to continue.

The long harvest runs from June - September.

Most of Brazil's soybean harvest has been conducted without a problem. Heavy recent rains have gotten the trade's interest for the far Southern state of Rio Grande do Sul.