South American Weather and Crop Update (1-31-23)

by | Jan 31, 2023 | 5 Ag Stories, News

Argentina dried out a bit over the weekend, causing some strength in the U.S. grain markets. Later forecasts, however, show rain returning to the area. Allendale commodity broker Greg McBride provided an update on the latest weather patterns for Brazil and Argentina.

McBride said Brazil is slightly behind last year’s harvest progress, but it?s way too early to say there are any problems yet.

On the other side of the continent, McBride said Argentina has moved on from soybean planting and is just wrapping up corn planting.

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.