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Volga Baikal AGRO NEWS Update on the WEATHER FORECAST in the USA, RUSSIA and EUROPE !!!
Rains and Snowfalls Improve Crop Prospects in Major Exporting Countries.
February 15, 2021
Source: Oil World.ru
Heavy rainfall continues in South America, helping to raise forecasts for soybeans and corn, while heavy snowfalls in the US, Ukraine and Russia protect winter crops from expected frosts next week.
Traders’ attention is focused on the weather in South America, for which forecasts for soybeans and corn have been lowered due to dry weather early in the season. However, thanks to heavy rains in Argentina for several weeks, experts from the Rosario Grain Exchange raised the forecast for the soybean harvest, which will be harvested in April-June, by 2 million tons up to 49 million tons, and the forecast for the corn harvest, which will be harvested in February-April, by 2.5 million tons up to 48.5 million tons. In the central regions, rains and downpours will last for another week, but in some regions the amount of precipitation remains below normal, which negatively affects the sowing of soybeans and corn.
Snowfalls and frosts down to -18 …- 12 degrees are expected in the US Midwest next week, which could damage winter wheat crops in regions with little snow cover, including Illinois and Indiana. At the end of the week, the air warms up to -5 …- 1 degrees.
In the wheat belt of the Southern Plains of the United States in the coming days, there will be moderate to heavy snowfalls, which will protect crops from frosts of -20 …- 15 degrees, in the next 3-4 days. At the end of the week in most of the region the temperature will rise to -2 … + 2 degrees.
Over the next 3-4 days, heavy snowfalls will pass in Ukraine and southern Russia, which will protect crops from frosts of -18 …- 12 degrees, expected throughout the week. On some fields in the south of Ukraine and Russia, the snow layer is insignificant, however, the overall moisture supply of the soil is much better than last year.
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