Weather is generally favorable for the development of crops in major grain exporting countries

Source:  GrainTrade

This week and next week, weather conditions in the major exporting countries will be generally favorable for the completion of sowing and crop development, which will limit the impact of the weather on the markets.

In the United States, the sowing of spring crops is almost complete, and the harvest of winter wheat is accelerating. Next week, the temperature is expected to rise to 30-33 degrees, which will be generally favorable for the development of crops that have received sufficient rainfall. Only in the eastern regions, where there was less precipitation, this may be a concern.

This weekend will be another front that will bring precipitation before a hot week in the Midwest and the central and southern plains. In general, the precipitation should be good for corn and soybeans, but can sometimes interfere with wheat maturation and harvest.

In the Canadian Prairies, a strong front with rains and thunderstorms is also expected, but the sowing of spring crops is almost complete, so the precipitation will be very useful. However, the region is still suffering from below normal temperatures, which hinders the development of crops.

In the central part of Brazil, dry conditions with high temperatures persist, which accelerates the maturation and harvesting of the second crop of corn saffrigna (more than 10% harvested). At the same time, precipitation is more stable in the southern states, and a new rainfall front is expected next week. If it brings light precipitation to the north, it will improve the condition of late corn crops.

In Argentina, soybean harvesting has been completed, and corn harvesting has been completed on more than 40% of the area. More than half of the winter wheat area has been sown. Several waves of light precipitation are forecast for the coming weekend and during the week, which will be beneficial for winter wheat crops. However, by the end of next week, there may be a cold snap, which will be unfavorable for wheat growing.

In the UK, France and some parts of Germany continue excessive rainfall, which hinders the development of crops, leading to the development of diseases and reduce the yield potential. The same conditions will continue next week.

The system will also bring much-needed rain to southeastern Europe, which will reduce dry conditions in the eastern regions.

In the coming days, a front with precipitation will move from the west to the east of Ukraine, which will be very beneficial for spring crops, but will not improve the condition of winter wheat and rapeseed, whose yields were reduced due to dry conditions in May.

Significant rainfall is forecast in parts of eastern Ukraine and southwestern Russia next week, but then hot and mostly dry conditions are expected.

In Australia, generally favorable conditions remain for sowing winter wheat and barley and the development of canola. The system will bring precipitation to the east and west of Australia, and forecasters expect continued precipitation in the coming months due to the transition to La Niña.

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