Now is the time where the crops in Brazil are in a critical growth stage, so the markets across the globe are keeping an eye on the weather. Allendale commodity broker Greg McBride said there has been a good amount of rain so far, which is what they need.
The longer-term forecast indicates the same rainy weather pattern for those growth areas.
As a result, there are no major concerns about the crop conditions in South America so far.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
