11/13/24 Afternoon CommStock Report- 600 Millions Gap on Brazil’s Corn Exports For Next Season

I typically try to catch the last few days of planting on the family farm in Brazil in late November. (Mostly so I can take at least some credit for its successful completion) J  But from the looks of things, they will be finished by the time I get there. They are over halfway done already, and the forecast continues to show solid moisture well into December. Overall, as of Monday Brazil is 72% complete with the soybean planting. Both Parana and Mato Grosso are already wrapping things up. For the most part, Brazil’s crop will be planted by the end of November, slightly ahead of schedule.     We see continued rainfall blanketing the Northern tier of Brazil’s growing regions in the next ten days with most areas receiving 1″ to 3″. Argentina’s largest growing region of Cordoba along with neighboring RGDS should see additional moisture as well. The only state that appears to lean drier is Parana, but even then, that appears to be short lived as precipitation looks to return next week. Heading into December, we don’t see many issues in the long-range forecasts, except for the MATOPIBA region in the northeast that we have highlighted in…