Another week of status quo weather down in South America. The conditions in Argentina will continue to impact U.S. soybean prices. Allendale commodity broker Greg McBride provided an update on the latest weather patterns in Brazil and Argentina.
Brazil has wrapped up planting season, and there was no update for Argentina’s progress. McBride said Argentina’s production outlook continues to drop.
McBride said the struggles in Argentina will continue to be a primary focus in the U.S. marketplace as well.
McBride also provided some advice for Iowa producers.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
South American Weather and Crop Update (12-27-22) | Iowa … – Iowa Agribusiness Network
