South America is experiencing high temperatures and drought, with Argentina recording 41° in production areas, potentially impacting crop yields. However, forecasted rains could provide relief. Global grain markets are being influenced by the South American harvest, with record soybean production expected to impact global oilseed prices. In Europe, rapeseed production is expected to fall by 7% due to reduced planting, leading to increased imports from Australia and Ukraine. Meanwhile, Brazil's soybean crop forecasts have been reduced by 15-23% due to unstable weather. Paraguay has reached 50% of its soybean harvest with average yields. Bulgaria is resisting the automation of sunflower export licenses from Ukraine, leading to farmer protests, while Poland considers a VAT on vegetable oil imports from Ukraine.