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South America positioned for global crop market dominance

An ag economist is fearful a tight U.S. grain outlook heading into harvest could open the door for South America to dominate the global grain market.

The University of Missouri’s Ben Brown said he’s expecting South America’s planted acreage total to rise moving forward, being incentivized by global market tightness. Meanwhile, he tells Brownfield U.S. producers are running out of room…

“I don’t know where we’re going to come up with additional acres,” he said.

South America positioned for global crop market dominance

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