It isn't bad enough to diminish the normal Argentina crop this year.  20MMT more than last years drought affected crop.  

Overall it will be a bigger crop than last year.  There is nothing bullish about beans.  Nothing.  In China, pigs are dying, breeding is down, the feed mix is changing.  SS is harvesting and beans are headed to port.  

Farmers are going to go from being up to their behinds in beans to being up to their neck in beans.  

Note how dry that its been in Brazil the past 30 days.........wet in Argentina. This has done some damage!

Some welcome rain for S.Brazil, probably not for dry C.Brazil. More unwanted rain in N.Argentina.

http://wxmaps.org/outlooks.php

Select a Parameter:    

Crop calendar for Argentina:

http://www.soybeansandcorn.com/Argentina-Crop-Cycles

January

• Early corn in northern Argentina approaching maturity.
• Corn moving from pollination to grain filling in central Argentina.
• By end of month, some early corn and sunflowers are starting to be harvested.
• Finish wheat harvest by early January.
• Finish planting double crop soybeans by early January.
• Full season soybeans flowering and starting to set pods.
• Maximum summer temperatures.
• Summer rains usually abundant, but can have dry spells.

February

• More corn and sunflowers now being harvested.
• Corn in central Argentina entering grain filling phase.
• Full season soybeans setting and filling pods.
• Double crop soybeans flowering.
• Sunflower harvest in full swing.
• Temperatures can still be very hot, but starting to cool by end of month.
• Rainfall usually getting lighter.

Global Crop Production Maps by Region

https://ipad.fas.usda.gov/rssiws/al/global_cropprod.aspx

Crop Calendar for Brazil:(beans were planted a couple of weeks early this year....will be ready early:

http://www.soybeansandcorn.com/Brazil-Crop-Cycles

January

 Soybeans flowering and setting pods. 

• Some very early soybeans in central Brazil may be harvested this month.
• First harvested soybeans shipped to processors.
• Continue spraying to control soybean rust.
• Corn in grain filling phase.
• Peak of the rainy season, rains 2-3 times a day in central Brazil, overcast, very hot and humid, greenhouse-like conditions.

February

• Main pod filling month for soybeans.
• Early soybeans being harvested, corn harvest begins.
• Harvested soybeans arrive at ports, soybean exports begin by early February.
• Soybean rust control now focused on later maturing soybeans.
• Safrinha (second corn crop) planted after early soybeans are harvested.
• Can still be very rainy in central Brazil, rainfall less frequent in southern Brazil.

http://www.soybeansandcorn.com/Brazil-Crop-Cycles

well whether its dry weather, china, or Trump all I can say is the market is bullish today and I am grateful

@Mike.....it's STILL a big crop.  

Short covering rally today when the USDA stated / calling back 2500 workers. BUT there going to do paper work on 1099's.

I still say NO farm data. Yes nice up day BUT beans still closed lower for the week today. SH the start of the week is 910.25

In Mn. they opened 20 local FSA offices for 3 days (Thurs. Fri. and next Mon.) to process loans that had originated before the shutdown. It's for loans only and no new loans or payments will be processed.

Apparently there was also a rumor going around that the US was going to lift tariffs temporarily as a good will gesture, which US officials denies as patently false.  

So back down we go.  

jim check your quotes...beans up 9 more cents

check that .....now 11