Improve the weather in the United States and Brazil increases the prospects of the harvest

Improvement in weather conditions in the United States and Brazil reduces the speculative impact on the prices of soybeans, corn and wheat. However, the precipitation deficit in Argentina continues to harass traders. The amount of precipitation in Europe, Ukraine and Russia the last time was sufficient for the normal development of crops of winter wheat.

little precipitation in the fields of winter wheat in the Southern plains of the USA (Kansas, Texas and Oklahoma) next week will change powerful rains, which will have a positive impact on the crops that with increasing temperature re-vegetation.

In the Northern plains of the United States won't rain for another week, and only at the end of next week there will be the long-awaited rain.

For the Midwest winter has sufficient rainfall and soon will be moderate rains that replenish moisture before sowing soybeans and corn.

In Brazil, 3-5 days will go heavy rains, and next week, the amount of precipitation in the Central and southern regions will decrease, which will speed up harvesting soybeans and corn second crop.

In the Central regions of Argentina in the coming days will be a few showers, but they will not be able to compensate for the deficiency of moisture that has emerged over the last two weeks of drought, so the prospects for the harvest of soybeans and corn are still in question.

In Ukraine, a large part of the winter crops are in good condition, therefore, according to the Ministry of economy, this year, manufacturers will be able to collect 29-30 million tons of wheat, 9.5 million tonnes of barley and 34 million tons of corn.

In Russia, the mild winter has greatly improved the condition of winter crops, which suffered greatly from the fall of the drought. In early December, in a poor state was the largest in the last 7 years the number of crops - 22%, but now it has decreased to 7-9%, whereas a year ago the figure was only 4%. The fall of the Russian agrarians planted winter crops for the harvest-2021 record 19.3 million hectares, which is 0.6% more than the original plan and 1.1 million hectares in the previous year. Experts admit that the Russian manufacturers to reduce the acreage of spring wheat in favor of more profitable oilseed crops after the introduction of duties on wheat at the rate of 70% with prices that will exceed 200 $/t