Tridge summary
The main wheat-producing regions in the world are experiencing a period of largely favorable weather, a scenario that has directly contributed to the drop in future grain prices. After years marked by prolonged La Niña events, the recovery of climatic conditions has eliminated much of the productivity limitations. In the Southern Hemisphere, the harvest is advancing in a positive environment, with highlights in Australia, Brazil, South Africa, and Argentina, where timely rains and the absence of frosts have favored above-average yields.
Original content
In Australia, states such as New South Wales and Victoria are recording an almost ideal crop, while Argentina has emerged from a long period of drought and shows good potential, despite the risk of late frosts in Buenos Aires and La Pampa. In the Northern Hemisphere, the year began irregularly, but there was an important improvement in Europe and Canada throughout the second half of the year, allowing for good progress in winter planting. France and the Black Sea region, initially affected by drought, received recent rains that alleviated concerns, especially in Ukraine and southern Russia. India is also experiencing a positive moment, with strong soil moisture at the end of the monsoons and excellent prospects for the winter crop. Only China faced excess rainfall during planting, but the recent stabilization of the weather reduces part of the risk. In the ...
Source: Agrolink
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