The weather is still very dry down in Argentina and Brazil right now, but there are some good rains in the longer forecasts. Allendale commodity broker Greg McBride provided an update on the latest conditions.
McBride said that dry weather has allowed Brazil?s harvest progress to continue at a modest pace.
The big story with Brazil recently has been the price disparity between its grains and ours. However, McBride said that difference in price has started to lessen recently.
McBride also provided some advice for Iowa producers.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
