News

Global: Weather conditions favor the planting of spring crops in the Northern Hemisphere and the development of crops in South America

Soybean
Argentina
Published Apr 16, 2024

Tridge summary

Global weather conditions are significantly impacting agricultural activities, with the Northern Hemisphere benefiting from accelerated planting due to favorable weather, while South America enjoys improved crop potentials for soybeans and corn following beneficial rains. In the US Midwest and Plains, the combination of warm weather and rainfall is supporting the sowing of spring crops and the development of winter crops, although an upcoming drop in temperature and additional rain could introduce delays but also enhance soil moisture. Central and northern Brazil are seeing benefits for second-crop corn from intermittent rains, leading to optimistic forecasts for corn and soybean harvests despite existing soil moisture deficits. Argentina, however, is experiencing harvest delays due to heavy rains, with an expectation of increased yields for late crops but concerns over pest issues leading to a reduction in corn harvest forecasts. Meanwhile, Europe and Australia are anticipating weather conditions favorable for crop development and yields, and Ukraine is hopeful for an improvement in planting conditions following an end to abnormal heat and a precipitation deficit.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Weather conditions are helping to accelerate planting in the Northern Hemisphere, while rains in South America are improving soybean and corn crop potential. In the Midwest, as well as the Central and Southern Plains of the United States, warm weather with periodic rains favors the sowing of spring crops and the development of winter crops. Temperatures will drop next week and another wave of rain will delay planting but replenish soil moisture reserves, which could lead to more corn acreage. In central and northern Brazil, intermittent rains have been favorable for the development of second-crop corn crops, but the amount will not allow sufficient moisture reserves to accumulate before the dry season. The rains will continue next week, although less intensively, in particular in the state of Paraná. Despite recent rains, soil moisture is below normal in most fields planted with second-crop corn, but analysts are raising crop forecasts. Thus, the Safras & Mercado company increased ...
Source: Graintrade
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