Pre-WASDE's South American Cruz | ATI ProMedia 05/09/2025
Finance
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33m
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Today, Brady Huck is joined by Dr. Cesar Cruz for an in-depth preview of next week’s USDA May WASDE report, with a sharp focus on South American grain production. Dr. Cruz shares updated estimates and outlooks for corn and soybean crops in Brazil and Argentina, noting increased projections in Argentina and potential upside in Brazil's second corn crop (safrinha), despite a drier-than-normal May forecast. The discussion also highlights strong domestic demand in Brazil—from livestock feed and ethanol production—as a factor limiting corn export capacity. They wrap up with key logistics updates, including Brazilian infrastructure improvements and river level concerns, and underscore the importance of timely marketing decisions as South American supplies intersect with the U.S. growing season.
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