Corn for ethanol use is behind USDA hopes.

The next 10 days for Argentina are still see as mostly normal rains for Cordoba and Buenos Aires. Santa Fe will be drier than normal. The 11 - 15 day mid-morning update added rains for Santa Fe. The trade is still debating whether the recent turn back to normal/below normal precipitation will last through February or if it is a short term issue in a generally "changed to beneficial" for February and March.

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