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Morning markets: grains struggle to keep New Year resilience
date:Jan 08, 2014
Argentina could cause water deficit for crops before the arrival of expected rains at the end of the week, Agritel said.

Anne Frick at Jefferies Bache said: Hot weather has returned to Argentina, reigniting some concern about yields.

But forecasts still appear to call for a record large soybean crop there.

'Potentially record crop'

At Chicago broker RJ O'Brien, Richard Feltes said: Current South American crop conditions, if sustained, suggest that the USDA may be underestimating 2014 South

12/23 16:48