While the weather is nice and clear in South America, it’s still notably dry. Allendale commodity broker Greg McBride said the weather is supportive for harvest progress in the short term, but the dryness could become concerning if it continues for too long.
As it has been for many weeks, McBride said harvest progress in Brazil is inching closer to the finish line.
Harvest is a different story in Argentina, though, as they are still behind the historical averages.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
