There are yield concerns for Brazil?s second corn crop, according to an Allendale commodity broker.
In this week?s South American weather and crop update on the Iowa Agribusiness Radio Network, Allendale?s Greg McBride says a lot of focus is on dry conditions in Brazil and how it?s impacting the recently planted safrinha corn crop.
McBride notes there are yield concerns for the crop.
Additionally, McBride says harvest progress in Argentina is behind the usual pace for both corn and beans.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com. McBride?s full radio interview can be heard below.
