South American planting to begin

Within a few weeks, planting season will be getting under way in South America. 

The trade will be paying the most attention to Brazil to see if planting expands as much as expected. Sources from Brazil have already estimated they expect to see soybean plantings expand by roughly 5% in the country this year. This is twice the normal expansion that takes place. 

Larger than expected plantings are the result of the record values farmers in Brazil have been receiving for...