Argentina

Will the USDA lower Argentine production estimates to match what traders are expecting? Most traders are nearly 10 million metric tons below last month’s USDA target. Recall that the USDA often makes adjustments to production in small increments; a 10 million metric ton cut would be a very aggressive move for them.

Get our daily in-depth analysis delivered directly to your inbox by 5:30 AM CST each morning, along with other services created specifically for farmers, when you become a Kluis Commodity Advisors client. Try our Kluis Commodity Advisors 30-day free trial to test it out.