The first 10 days of January, and the last couple of December, have been a good period of rainfall for much of central and northeastern Brazil. These areas have had continuous dryness and drought issues all season long and forecasts for soybean production have fallen from the record levels forecast at the beginning of the season. Subsoil moisture continues to be the biggest issue. With inadequate rains to start the season, the holdover from the dry season has meant subsoil moisture levels are very low for much of Brazil outside of the far south, which had flooding issues earlier this season. It has improved significantly over the last week, and this point of the season is the best that subsoil...