South American dryness remains for the still-developing South.

AgRural's estimate of second crop corn harvest in Brazil, 21% complete, is far over the 5% pace from last year. The typical long June - September harvest may be compacted this year.

There is still crop that is in development, the Southern ⅓. There is no real change in the general weather pattern. Since mid-April rains are -64% from normal. The market will wait for larger harvest numbers before deciding on yields.

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