Low rainfall provokes a rise in wheat prices

2020-04-22 12:06:46
Machine translation
Low rainfall provokes a rise in wheat prices

Cold weather in the US and the rainfall deficit in the black sea region and the EU remain major growth drivers of world wheat prices in recent days.

 

On the Southern Plains of the United States, in the regions of cultivation of winter wheat, a sharp decline in temperatures last week could damage crops, which suffer from drought. Precipitation is expected this week, should improve the condition of crops and level of moisture.

 

the Northern Plains of the United States the temperature remains in the normal range, and heavy precipitation at the end of the week will improve soil moisture for spring wheat.

 

In southern Brazil the second maize crop suffered from drought, while in other regions of the country the rain passed. Next week precipitation is not expected, negatively affect the next harvest.

 

the Dry conditions throughout the EU reinforce the concern about the fate of winter wheat and rapeseed. However, the strong rains, will be held at the end of the week will improve the condition of crops.

 

In Ukraine the amount of precipitation in April amounted to 5-30% of normal in the East and North of the country was greater than in the South and West. Drought continues to reduce crop forecasts winter wheat,but little precipitation at the end of the week partially to improve the state of crops of both winter and spring crops.

 

In Russia, in the North-West, Central and Volga Federal districts there is a cool climate with temperatures 2-5 degrees below normal. In April there was precipitation in the amount of 15-30 mm,sometimes up to 45-50 mm. the winter crops predominantly good or satisfactory. The moisture content of the soil is normal, only in some areas of southern and North-Caucasian Federal districts, and also in Krasnodar territory and the Rostov region it is insufficient, in Stavropol Krai – sometimes bad.

 

in General, the conditions for sowing spring crops were mostly satisfactory, and little precipitation next week will slightly improve the condition of the crops.

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