Precipitation in the United States and Australia and drought in Russia and Ukraine are the main factors influencing grain markets

2020-08-17 12:02:23
Machine translation
Precipitation in the United States and Australia and drought in Russia and Ukraine are the main factors influencing grain markets

In the Midwest USA last week were strong showers and thunderstorms that provided the crops of soybeans and corn with moisture in anticipation of weeks of dry and hot weather. In Ukraine and southern Russia, the drought continues with high temperatures, which reduces the potential yield of sunflower and corn. In the East of Russia and in Australia the rains, which will contribute to the development of wheat crops.

 

Last week in the main regions of the "corn belt" of the USA were heavy rainfall, which improved the condition of crops, especially in areas suffering from moisture deficit.

 

Next week there will reign a warm and dry weather with little rainfall only in the North Midwest. However, the soil moisture reserves are sufficient for filling corn and soybeans.

 

On the Southern Plains of the United States next week expected rainfall, although the moisture content of the soil exceeds the norm through the powerful rains last month.

 

In the Northern Plains during the week would be dominated by hot weather with periodic rainfall, which will contribute to the ripening of corn and spring wheat.

 

In the canadian prairies in the next 5-7 days will be rain, which will improve the condition of crops after a week of hot weather, but will let started to collect the wheat.

 

In Ukraine during the week remained dry and warm weather without significant rainfall, leading to desiccation of sunflower crops and corn in the Central and southern regions. Next week the heat returns here, which will increase the stress to the plants, and even slight precipitation, which will be held within the week in individual regions will not be able to recover losses.

 

In the South of Russia lasted drought reduces the potential harvest of sunflower, however, in the Central regions and the Volga region the rainfall is normal. In the East of Russia will be rain, which will have a positive impact on spring wheat crops.

 

at the End of last week in the East of Australia, there were powerful rains which have improved the condition of crops of wheat and canola, as well as increased hopes for a good harvest of wheat this season.

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