date:Jan 31, 2013
has been acutely aware of changes in the forecast.
The U.S. Department of Agriculture currently forecasts Argentina this season will harvest 54 million metric tons of soybeans. But if current forecasts for two weeks of relatively dry weather turn out to be correct, Argentina's likely production could fall 4% to about 52 million tons, Mr. Nelson said.
Farther north, traders are concerned that heavy rain in the next several days could delay soybean harvesting in parts of Brazil.
Port congestio