It’s smooth sailing for the crops in South America right now, as the weather has been fairly cooperative recently. Allendale commodity broker Greg McBride gave an update on the latest conditions in Brazil and Argentina.
Since the weather has been good, the crop projections have remained the same.
McBride said harvest in Brazil is virtually wrapped up.
McBride added that the value of the Brazilian Real is on the decline, which is impacting their whole economy.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
