Scattered rain is keeping concerns about dryness at bay for now in South America. Allendale commodity broker Greg McBride gave an update on the latest weather patterns.
However, McBride said those concerns about dryness will ramp up in the longer term.
McBride said harvest is still progressing ahead of pace in Brazil.
McBride also provided a preview of what adjustments we could see to the South American crop in Friday’s WASDE report.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
