Argentina already had lost some production potential earlier this growing season, and turning around those losses was not very likely because of the more recent weather adversity.
Argentina has been placed on the summer watch list for possible dryness issues because of the recent development of high pressure over a part of the nation.
Summer grain and oilseed planting in South America is moving along aggressively with improvements in soil conditions noted in Argentina over recent weeks ending a dry start to the growing season.