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South American Weather and Crop Update (8-31-23)

by | Aug 31, 2023 | 5 Ag Stories, News

A little bit of rain in South America, but that’s not enough to deter farmers from finishing harvest. Allendale commodity broker Greg McBride gave an update on the latest weather patterns.

Harvest in Brazil is slightly behind the average, but McBride said this might be because they have such a massive crop.

In the very immediate term, the U.S. is continuing to keep up with Brazil’s grain prices.

McBride also provided some advice for producers as we transition into the new marketing year.

The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.