US Weather: too cold and long winter - regional to dry – now back to wet
The weather is not good of American agriculture in the Midwest. So far, Dewinterizing damage have cut the wheat harvest by 15% in winter crops and dry damage in the southern regions.
The sowing of corn and soybeans began late, caught up then but powerful and ultimately but still on time came to end. The assessments of the seed stands were used to do exceptionally well.
That has changed. The latest reports from the seed stand last Sunday have been set down clearly some points.
The seed level in maize is "good to excellent" rated 76%. The soybean sown more than 92% are classified with 73% stake in the two highest categories. Winter wheat remains far below average assessment of only 30% "good to excellent". Around 16% of the area is stale. The rain has interrupted the progress of the harvest.
The heavy rainfall of recent days have led to local flooding. In parts of missisippi, 20% of sown soybean should be sown new messages. In Iowa and Illinois, the stocks were classified points lower to 2-3.
Corn, impairments are expected soon, because the rainfall actually expected to arrive in the next few weeks.
Overall, it is to know that the U.S. seed stands still at a high level will be assessed. The intense rains have only resulted in damage. The first euphoria of an oversized crop expectations got a shock.
The rains are associated with the El Nino weather anomaly.
The recent stock prices show weak reactions.
