Much of the forecast for Brazil and Argentina has remained the same week-over-week. Allendale commodity broker Greg McBride gave an explanation of the latest weather patterns in South America.
Safrinha harvest progress in Brazil is behind the yearly average, but McBride said that’s not a huge deal since they are still in the very early stages of harvesting.
McBride said the farmers in Argentina are doing well to get caught up on their harvest progress.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
