04/01/26 Afternoon CommStock Report – US Weather Mostly Favorable / Brazil Acreage Expansion to Stall

April weather forecasts appear mostly favorable with precipitation covering large portions of the Corn Belt except for parts of Western Nebraska and Kansas.  Rainfall accumulates predominately in the Northern portions of Illinois and Indiana, where it should help alleviate severe drought concerns.  According to the GFS, portions of West Central Illinois, Eastern Iowa and Northern Missouri will see up to 6” the first half of April.  This may reduce the likelihood of early planting in those areas.   I drove through Western Iowa late last week and everything looked pretty much ready to go.  I did spot a couple of fields that were planted already but I won’t tell you where.  I was only able to lay strips on about half of our corn acres last fall, but we were able to find a narrow window early this week just ahead of some light precipitation.  I have never laid strips in the spring before, but considering warmer spring temperatures seem to be a more frequent occurrence, I thought it might be a possibility.   Brazil’s soybean harvest is over 80% complete this week and shows no indications of falling below 180 MMT.  A recent crop tour by Agroconsult sees Brazil’s…