Not much has changed for the weather in South America, and the upcoming forecast is still looking to be dry. The dryness should be good for harvest progress, but at some point the weather will get too dry and start to cause some problems. Allendale commodity broker Greg McBride gave an update on the latest conditions in Brazil and Argentina.
McBride said safrinha harvest progress in Brazil is still behind the average, but they have such a large crop that it will take longer than usual anyways.
McBride added that soybean harvest in Argentina is basically done at this point.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
