A mix of moisture is still sitting over South America. Some regions are dry, and some are getting too much rain. Allendale commodity broker Greg McBride gave an update on the latest weather patterns.
CONAB just released its updated crop projections for Brazil and Argentina, and McBride said their estimates are starting to meet the USDA in the middle.
McBride said harvest in Brazil is pretty well completed.
Meanwhile, Argentina is still lagging behind on harvest progress.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
