The weather hasn’t done much in South America to alleviate the drought concerns. Allendale commodity broker Greg McBride gave an update on the latest conditions.
Argentina’s harvest is wrapped up, and Brazil is pushing towards the finish line as well.
As far as the rest of the year goes, McBride said the wheat is all planted, and they will be planting corn and soybeans in about a couple of months too.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
