After a good amount of dry heat, rain is now highlighting the upcoming forecast in South America. Allendale commodity broker Greg McBride gave an update on the current weather patterns.
In the longer-term forecasts, McBride said there’s even more rain coming through Argentina and Brazil.
With the rain in Argentina, McBride said that corn planting progress is still behind.
Planting progress in Brazil is still moving at a decent pace, but McBride said they have fallen slightly behind the averages again.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
