There hasn’t been too much change in the weather and crop conditions for South America. Allendale commodity broker Greg McBride said the nearby forecast still contains some decent rain.
Those weather patterns are projected to keep going even in the longer-term forecasts.
And speaking of things staying status quo, McBride said harvest progress is maintaining a steady pace in Brazil.
There is one area of change this week, though- Argentina has started to make progress on soybean harvest.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.