While early, the trade is starting to place considerable interest in the upcoming South American production season. 

At the present time, the U.S. Department of Agriculture (USDA) is predicting 2021-22 crops of 118 million metric tons of corn and 144 million metric tons of soybeans for Brazil and 57 million metric tons of corn and 52 million metric tons of soybeans in Argentina. 

These are all considerable increases from this year as weather is expected to return to more normal patterns in both...