Much like what we are seeing here in Iowa, the weather in South America is still quite dry. Allendale commodity broker Greg McBride gave an update on the current forecasts for Brazil and Argentina.
While it is early to be getting too worried about the weather’s impact on planting yet, McBride said progress is behind for both corn and soybeans in Brazil.
McBride said these factors could become a problem later, so it’s important to keep tabs on the situation.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
