Favorable weather in the USA, South America, and Europe will reduce the pressure of weather factors on prices.

Favorable rainfall has passed through the main grain-growing regions in Brazil, Argentina, the USA, and Europe, which improves the potential for the future harvest and reduces the impact of weather factors on grain prices. Markets today will receive the long-awaited global grain balances from the USDA, which will most affect quotations. In the Midwest and Plains of the USA, warm weather persists with temperatures above normal and periodic rains, which contributes to the completion of soybean and corn harvesting (estimated by analysts to be 95% harvested) and the development of winter wheat crops. A front is expected next week, which will bring rains and a drop in temperatures, and later increase rainfall in the north. This week in Brazil, several fronts brought heavy rains from south to north, and another front will move to the southern regions this weekend, and early next week will rise to central Brazil, where soybean planting is being completed under favorable conditions, and ...