Weather conditions have improved in Argentina since last week, but the soybean harvest is still far behind. Approximately 4 MMT were lost because of the floods, but that total could be more. Meanwhile, basis are still offered at around +30, +35 SN and +40 SQ for June, July and August. Soybeans Weather conditions have improved in Argentina since last week, but the harvest is still far behind last year’s program. After not being able to proceed for a month, farmers were able to pick up about 20 percent of the seeded area. Approximately 4 MMT were lost because of the floods, but that total could be more. Exporters are estimating the 2015/16 crop will produce around 56 MMT. Nevertheless, the biggest worry is the quality of the soybeans. While...