Mixed start for grains for the week. USDA weights in on Wednesday.

Over the past 60 days rainfall deficits in Argentina run -28% vs. normal for Buenos Aires, -11% for Cordoba and -26% for Santa Fe. That two-week period of normal rains, disrupted last week and this week, helped. The question is whether our recent turn back to short term dryness will last all this month. The two-week forecast does show better rain that last week.

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