It was looking like the weather was going to start to dry out in South America, but there’s still plenty of rain as of right now. Allendale commodity broker Greg McBride said the shift to the monsoon season in South America has gone almost exactly the way they wanted it to.
The rain has allowed Brazil to catch up on planting progress.
McBride also gave an update on corn planting in Argentina.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.