South America is still thirsty for some rain, especially in Brazil, and it looks like those prayers might get answered over the next couple of weeks. Allendale commodity broker Greg McBride gave an update on the latest weather conditions in Brazil and Argentina.
Brazil’s planting season is finished, and McBride said Argentina is still making good progress.
Even though there are weather concerns, that doesn’t mean Brazil will have a poor crop- it just won’t be another record-setter.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.