Heavy rains in Europe, Canada and the US and drought in Brazil will have a major impact on grain markets this week

Cyclone Boris brought heavy rains to the countries of Central and Eastern Europe, causing floods. In Poland, Romania and the Czech Republic rivers went out of their banks, in Austria snow fell and avalanches descended, hundreds of thousands of houses were left without electricity, some of them flooded, power lines were destroyed, train traffic was hampered, people died.

The amount of precipitation that fell in three days is 2-4 times higher than the average monthly norm for September, so the water level in the Danube reached the highest level for the last 20-30 years. Such weather stopped the harvesting of late crops and resulted in the loss of part of the harvest.

Hurricane Francine brought heavy rains to the Midwestern United States. They will delay harvest, but will replenish soil moisture ahead of winter wheat planting. Next week, rains will continue and temperatures will drop, delaying the drying out of soybeans and corn.

Heavy rains have fallen across the western prairies of Canada. They will spread to eastern areas next week and will delay the harvest of canola and late-season crops, and could degrade crop quality.

In the central Brazilian state of Mato Grosso, extreme heat of 35-38 oC is prevailing and low soil moisture is preventing soybean planting from starting. Temperatures will remain high for the next 10-14 days and the rainy season will not start until a few weeks later. Late sowing of soybeans could delay the sowing of second crop corn. The southern states of Paraná and Rio Grande do Sul have experienced heavy rains, which will improve wheat and corn crops and allow for an earlier start to soybean sowing.

In Argentina, rainfall deficits are delaying the development of winter wheat and corn sowing. No rain is expected next week and temperatures will be above normal.

There have been heavy rains in western and southern Ukraine, while eastern Ukraine and southwestern Russia, where winter wheat is grown, have had no precipitation, which will delay sowing. No precipitation is expected in these regions next week, so sowing dates for winter wheat will be very short, with frosts possible as early as October and early November.

Sowing of winter rape in Ukraine and Russia is not carried out in optimal terms, so the area under it will be greatly reduced.

The Sahara desert – one of the driest places on the planet – has started to turn green. According to forecasts, in September there will be 500% of the monthly norm of precipitation, which can lead to cyclical changes and turn it into a region covered with forests. Scientists attribute this situation to global warming caused by human pollution of the planet.

For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.

It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.

You are welcome to get a 7-day free demo access!!!

Tags: Ukraine, Romania, Brazil, EU, Poland, USA, crop condition, Czech Republic