Weather in major exporting countries remains favorable for harvesting and sowing

The weather generally favors producers in conducting field work, therefore it has minimal impact on markets and crop prices. After several weeks of dry and warm weather in the Midwest and Plains of the United States, temperatures are expected to drop and precipitation to increase next week, which will help the development of winter crops, although it will delay the corn harvest. Due to the government shutdown, the USDA does not provide data on the harvest in the US, but according to analysts, soybeans and corn have been harvested on more than 70% and 60% of the areas, and the winter crop sowing rate exceeds last year’s. Recent rains have helped ease drought in the Delta and Midwest, but have failed to raise the Mississippi River, which continues to make navigation difficult on the river that carries the bulk of U.S. grain exports. But more rain is expected next week. Brazil continues to have favorable weather for soybean planting, with occasional rains, which is driving up ...