The weather in South America has once again flipped to a drier cycle, but this will actually be helpful since some areas in Brazil actually received excessive amounts of rain. Allendale commodity broker Greg McBride gave an update on the latest weather patterns.
McBride also gave an update on harvest and planting progress in Brazil.
Since things have been rather uneventful in South America recently, McBride said they don’t expect to see any changes to the production numbers soon.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
