Rains in the USA and Canada delay harvest, in South America and Australia improve crop condition, and in Ukraine replenish moisture reserves before sowing

In all major exporting countries, heavy rainfall is occurring or will begin in the coming days, which will be favorable in some regions, but in others, for example in Canada, on the contrary, will greatly delay harvesting, which will significantly affect prices.

Heavy rains have been falling across the Midwest and Plains this week, which will continue for several more days, causing excessive moisture and delaying the soybean and corn harvest, but will also be beneficial for the western regions, where soil dryness will decrease and conditions will improve before winter wheat planting. Additional precipitation and temperatures are forecast for next week, but active harvesting will not begin due to high grain moisture.

Temperatures will be above normal across much of Oklahoma and Texas over the next week, with temperatures dropping to average in the Central Plains.

After two weeks of prolonged rains and low temperatures, dry and warm weather is returning to the Canadian prairies , allowing the wheat and canola harvest to resume and the soybean and corn harvest to begin.

Harvest rates in Canada are significantly lower than last year, so dry weather forecasts reduce speculative pressure and fears of quality deterioration and crop loss due to excessive rainfall.

Southern Brazil received heavy rainfall this week, helping to build up moisture ahead of planting and improving the wheat crop. Some central regions also received showers ahead of the rainy season, which is due to start in late September. The good rainfall is helping to start soybean and corn planting early in the south, while central regions are expecting restrictions to be lifted and the rains to start later in the month.

Cold, dry weather in Argentina is not conducive to wheat planting, but additional rainfall is forecast next week to ease the drought and improve moisture reserves ahead of soybean and corn plantings that begin at the end of the month. Rain is forecast to fall through the end of the month, likely to be sporadic and localized.

Ukraine has had some light rainfall this week, but soil moisture reserves are slightly lower than necessary, especially in winter rapeseed crops, so the forecast of heavy, prolonged rainfall across the country gives hope for sowing winter wheat in favorable conditions.

The rainfall will suspend the harvesting of sunflower and soybeans, but this will not be critical for farmers, as the lack of exports has collapsed demand, so producers generally plan to leave some of the corn in the fields until spring due to lack of storage space and low prices.

Heavy precipitation will also occur in the southwest of the Russian Federation and the Caucasus, which will facilitate the sowing and rooting of winter wheat.

Most of Australia remains largely dry, but Western Australia is receiving more rain than the East, and another front is expected to move in next week, bringing rain to western regions. But the need for rain is increasing as winter wheat and canola crops enter reproductive development.