With the amount of rain that has fallen in South America, any crop concerns that were held earlier in the season have virtually disappeared. Allendale commodity broker Greg McBride gave an update on the latest conditions in Brazil and Argentina.
McBride said Brazil has made some great progress on both corn and soybean planting over the past couple of weeks.
McBride also gave an update on the price relationship between the grain prices in the U.S. and Brazil.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
