Rainfall in Brazil and dry weather in Ukraine and Argentina will put pressure on grain prices in the coming weeks

week, weather without precipitation is forecast with temperatures above 0°C, but without sunny days. This will slow down the drying of soils and corn, which has not yet been harvested on 25% of the area. The completion of the corn and sugar beet harvest will free up a significant portion of motor transport, which will increase grain supplies to ports and reduce speculative demand and prices in the domestic market. In Brazil, heavy rainfall has fallen in the central and northern regions over the week, and the cyclone is moving south, where scattered, albeit less intense, rain is expected over the weekend and early next week. Heavy rainfall will continue in the north and center of the country next week. The market will focus on weather conditions in December, when soybeans and corn are in the middle of the growing season. If December brings sufficient rain, expectations of a new record soybean harvest will increase pressure on quotes. Argentina has seen scattered rainfall this week, ...