date:Sep 27, 2012
Next year's soybean crop in southern Brazil appears less promising than it did a few months back, as the likelihood of an El Nino phenomenon bringing above-average rainfall in early 2013 has diminished, weather forecaster Somar Meteorologia said Wednesday.
El Nino--the warming of sea-surface temperatures in the tropical Pacific Ocean--tends to bring heavy rains to southern Brazil, Paraguay and Argentina, providing ideal conditions for the South American grains crop if the timing is right.
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