Global: Warm winter in the Northern Hemisphere and lack of precipitation in Argentina will affect grain markets in the coming weeks

In the main growing regions of grain in the Northern hemisphere, the weather was warm with above-average temperatures and little precipitation, which contribute to the accumulation of soil moisture. In Brazil, heavy rains improve the prospects for the future harvest, while the lack of precipitation in Argentina in the next two weeks is a concern for traders. In the Midwest and the Plains of the United States last week were rains and snowfall, which will continue this week, which amid rising temperatures will have a positive impact on winter crops. In the Central regions of Brazil, the rainy season continues, but the amount of precipitation in the southern states is below normal, although they remain timely. This weather will continue next week, and will contribute to the flowering and filling of soybeans and the development of corn crops of the first harvest. In Argentina last week, the front brought scattered rains, but sufficient precipitation fell only in the state of Cordoba. ...