After some needed dryness in Brazil, rain has reentered the forecast. Allendale commodity broker Greg McBride gave an update on the latest conditions in South America.
Harvest is officially underway in Brazil, which means that planters are also following close behind the combines.
Argentina also recently announced that they will be cutting their export taxes, but McBride said that will mostly likely be a factor for the old crop.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
