Jim McCormick is senior adviser for Allendale. McCormick says trade analysts this week will be watching the weather in Argentina and focusing on United States Department of Agriculture’s (USDA) Outlook Forum.
McCormick further talks in-depth on the dryness in Argentina. He advises growers “not to get too bulled up on what’s going on right now.” However, he says right now is a good time for farmers to market old crop and lock in profit for new crop soybeans.
