Most of Brazil will see rain soon as the weather continues to look favorable there. However, things are still poor in Argentina. Allendale commodity broker Greg McBride provided a breakdown of the latest weather patterns in South America.
McBride said harvest and planting look good in Brazil as well, as there have been no major issues.
McBride said that things are bad enough in Argentina that they basically just have half a crop
However, Argentina is trying to create some improvement by introducing the Argentina soy dollar.
McBride also provided some advice for Iowa producers.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
