Most of Argentina and Brazil will continue to see dry conditions, so there’s not too much to worry about for South America’s crops right now. The dry weather will allow harvest to continue at a good pace. Allendale commodity broker Greg McBride said there’s some rain forecast for southern Brazil, but even that will have its benefits.
McBride also provided a harvest progress update for Argentina.
Additionally, the USDA updated its production numbers for South America on Friday. Obviously, the crop numbers for the two countries are lower than they wanted, but McBride said there wasn’t much to note there either.
Depending on how much rain you got, heat stress could be a real problem for your crops in the next week or so. However, the superior genetics of U.S. corn in particular are well adapted to handling a bit of heat. McBride added some advice for Iowa producers.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.