Rains in the US, Europe and South America improve the condition of crops, and in Australia - delay harvesting

An increase in the amount of precipitation in South America accelerates the sowing of soybeans and corn, and in the United States it promotes the development of winter crops. In western Europe, especially in France, prolonged rains are delaying harvesting and planting, but improving prospects for the -2025 harvest.

The Midwest and US Plains received rain this week that improved crop conditions, and next week a new cyclone will bring even heavier rainfall to the region. Snow has fallen in northern areas, and winter crops in Colorado and New Mexico are already protected by a layer of snow. Rising water levels in the Mississippi will improve export river terminals.

In central Brazil, the rainy season continues, favorable for sowing soybeans and first-harvest corn. In the south, the amount of precipitation is less, which allows to speed up the harvesting of wheat. 70% of the planned areas have been sown with soybeans, and corn sowing is being completed. Favorable precipitation will pass throughout the country next week.

Rains also passed in Argentina , which made it possible to start sowing at the optimal time. Currently, 36% of the planned areas are sown with corn, and sunflower sowing is being completed. The Rosario Grain Exchange reduced the wheat harvest forecast from 19.5 to 18.8 million tons, corn - from 51-52 to 50-51 million tons, but increased the forecast for soybeans - from 52-53 to 53-53.5 million tons.

As a result of dry weather, winter wheat crops in eastern Europe are in a worse condition than in the central and northern regions. At the same time, precipitation in France delays the harvesting of corn and the sowing of winter crops. Next week, there will be heavy rains throughout Europe, which will improve the condition of crops. Analysts expect an increase in the area under winter rapeseed and wheat in the EU against the background of rising prices.

Australia has recently experienced dry weather with intermittent rain, which is favorable for harvesting winter wheat, barley and canola, but sorghum and cotton crops need more rain. In the next 2 weeks, the intensity of the rains will increase, but this will delay harvesting.

In Ukraine and the south-east of the Russian Federation, there were slight precipitations, which replenished the moisture reserves in the upper layer of the soil. However, the moisture deficit in the fields persists, and the drop in temperatures next week will stop plant development. The state of the crops is below average, and part of the winter wheat crops may remain unsown.