Grain markets are influenced by drought in Brazil and rain in Europe and Ukraine

2020-10-02 12:04:37
Machine translation
Grain markets are influenced by drought in Brazil and rain in Europe and Ukraine

the Gradual improvement in weather conditions in major producing countries reduces the pressure of weather factors on prices. In the United States warm and dry weather to enable the collection of soybeans and corn, precipitation is in the EU, Argentina, Ukraine and southern Russia contribute to the sowing of winter crops, but in Brazil the seed retains moisture deficit.

 

In the Midwest USA in the next 7-10 days of dry and warm weather with little rain will accelerate harvesting of corn and soybeans, which as of 27 September, the 15% and 20% of areas compared with 10% and 6% last year, respectively. Arrivals of the new crop increases the pressure on prices.

 

On the Southern and Northern US plains dry and warm weather will contribute to sowing winter wheat and harvesting soybeans and corn. Moisture reserves in the soil sufficient to produce germination, however, the fields of Kansas and Nebraska arid observed phenomena. As of September 27 winter wheat planted in the US 35% of the area compared to 34% last year and 33% in average of 5 years.

 

In Canada remains dry weather with little rainfall, which allows to complete the cleaning of spring wheat, canola and late crops.

 

In Europe, especially in the East, have been heavy precipitation, which improved soil moisture and winter condition, although somewhat delayed sowing. In France and Germany in recent weeks have been a powerful rain, which will increase the sowing areas of winter crops of canola and wheat. A few weeks in Europe will reign stormy weather with heavy rainfall.

 

throughout the territory of Ukraine this week were precipitation of 10-100 mm, speed of obtaining seedlings and planting of winter wheat. Due to the dry August and September of the sowing areas of winter rape decreased compared to 2019 from 1.1 to 0.6 million hectares, but the area under winter wheat may remain at last year's level of 6.6 million hectares, although the economy Ministry has lowered the forecast to 6.1 million hectares. the High price of wheat, prepared under the rapeseed fields and the high risks of growing crops on the background of the summer heat force manufacturers to increase the sowing area of winter crops, which this year showed a higher profitability than spring crops.

 

In Russia due to precipitation of September, winter crops sown areas 2/3, but now the crops are experiencing drought, as this week's precipitation were only in the South of the country. In the center next week won't rain, or they will be modest, which reinforces the concern for the fate of the next harvest.

 

In Argentina were moderate and sometimes heavy rains that have improved soil moisture in Central and southern regions, however, did not compensate for the dry effects. Precipitation will contribute to the development of wheat and preparing the fields for spring sowing. In the coming days they will spread to the North, but will not be too powerful.

 

In Brazil next week the rains will be held only in the South, whereas Central and Northern regions will suffer without moisture. The producers are waiting for the rainy season to sow soybeans. In the centre and North of the country, soybean is planted only 3% of area compared with 10% in 2019 In the South conditions for planting corn and winter wheat a little better.

 

In China, recent rainfall has led to excessive soil moisture for filling corn and soybeans in the North-East, and detained them aging. However, as the ripening weather will improve. In the South, conditions are favorable for the cultivation of rice and sugar cane in the North China plain – sowing winter wheat and oilseed rape.

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