IARN — In this week’s South American weather and crop update, Allendale commodity broker Greg McBride says South America is still pretty dry.
At this point, it’s the same old song and dance: South America is dry, and, while it’ll help harvest progress in Argentina, it’s continuing to hurt Brazil’s safrinha crop. McBride says that harvest estimates will continue to drop as a result of this.
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Radar image courtesy of AccuWeather