Your Pro Farmer newsletter (Jan. 29, 2022) is now available
There was some improvement in South American weather this week, as some of the dry areas of Argentina and southern Brazil received rains, while conditions turned drier in wet areas of central and northern Brazil. But more rains will be needed in dry areas, especially in southern Brazil. In the U.S., winter wheat conditions continue to deteriorate. Globally, markets continue to closely monitor the Russia/Ukraine situation, though there doesn’t seem to be quite as much sense there will be any immediate actions by Russia. Meanwhile, the U.S. dollar rocketed higher amid expectations the Fed will start raising interest rates in March. We cover all of these items and much more in this week’s newsletter, which you can download here.