Forecast dry weather in Brazil and in the North-West of US support for corn prices

2021-04-02 12:07:37
Machine translation
Forecast dry weather in Brazil and in the North-West of US support for corn prices

due to weather conditions in Argentina, traders are increasingly turning to the rainfall in Brazil, where they planted corn second crop, and the United States, where in the North-Western regions there is a shortage of moisture before sowing.

 

In the Middle West of the USA in recent times the rainfall was quite high, so the dry weather on the background of increase in temperature will speed up the corn. Promised at the end of next week precipitation will have a positive impact on the crops.

 

In most territories in Central and southern plains good rainfall last week reduced the drought, but in the Northern plains it continues, and precipitation within 5-7 days there did not predict. The condition of winter wheat during the week is somewhat improved, but could deteriorate again in the absence of rain in the near future.

 

In the South of Brazil good precipitation improved the state of soybeans and corn, but the corn second crop is sown mainly in the Central and Northern regions, where the temperature exceeds 30 oC and during the week there will be almost no precipitation. This reinforces the concern, especially given the approach of the dry season, because from may to July, down to the smallest in a year, the amount of precipitation.

 

Rains in Argentina last week reduced the drought, however, has slowed the harvest. During the week there will be dominated by dry weather, and the weekend will be favorable for soybean crops precipitation. According to the stock exchange of Buenos Aires (BAGE), corn collected by 7.9% of the area (a year ago 21.9%), soya – 1% (a year ago-8.1%), sunflower – 84.4%, slightly higher than last year's pace. Experts exchange left a crop of soybeans at 44 million tonnes and maize at 45 million tonnes, compared to 49 million tons and 51.5 million tons.

 

In Europe during the week will drop the temperature of the air and will be favorable for crops abundant precipitation and light frosts will not harm the crops.

 

in the End of next week a cold front from Europe will come to Ukraine and Russia, and will bring precipitation in the form of rain and snow. In March, the rainfall in Ukraine and Russia exceeded the norm, especially in the areas of cultivation of winter wheat. Next week will reign favorable for the development of crops is the weather, with occasional showers and raising and then lowering the temperature.

 

In South-Central Federal district (Krasnodar, Stavropol Krai, Rostov oblast), the recent rains have replenished the soil moisture reserves and improved the condition of winter wheat. During the month fell 25-90 mm of rainfall, which boosts the prospects of the wheat crop in the major export-oriented regions.

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