Abnormal heat in the Black Sea region and forecasts of heat in Canada remain the main factors supporting prices

The cyclone, moving from the north to the south of Europe, brought rains to Romania, Bulgaria and Moldova, as well as to the north and the center of Ukraine, which reduced temperatures from 38-40 o C to 28-35 o C and stressed soybean and corn crops and sunflower. But in places where there has been no rain, the corn continues to dry and farmers harvest it for silage because the cob has not formed.
In the east of Ukraine and the south-west of the Russian Federation, dry and hot weather persists, which is unfavorable for sunflower and corn crops. According to forecasts, there may be rains next week, which will reduce the stress on the plants. In the east of the Russian Federation, in the zone of spring wheat cultivation, periodic rains and normal temperatures contribute to the formation of a good harvest.
And the prairies of Canada, after a long period of rainy and cold weather, finally warmed up to 30 o C. This temperature will continue next week, which will accelerate the development of canola and spring wheat crops. The next few days there will also be showers, but dry conditions will remain in the south-western regions.
The cyclone brought showers and thunderstorms to the Midwest, Central and Southern Plains of the United States , which will help to form a good crop of soybeans, corn and spring wheat. Temperatures will rise next week, but rain will reduce heat and plant stress.
In Argentina, after a week of dry and frosty weather that adversely affected wheat crops, temperatures will return to normal next week and rains will pass. The country is finishing harvesting corn and the market is waiting for the final data.
In Brazil, thanks to the dry weather, the pace of corn harvesting is twice as high as last year. At present, grain has been threshed in 75% of the area, and local agencies are raising their harvest forecasts.
In Europe, the weather improved, precipitation from the northwestern regions moved to the southeast, where dry weather prevailed. This will accelerate the harvest in Germany and France and improve the condition of crops in Romania, Bulgaria and Hungary.
In Australia, the weather favors the development of winter wheat, barley and canola crops, and there will be heavy rainfall next week.