Drought Risks Spread Across Key Crop Regions Ahead of Planting Season

Forecasters warned that dry-soil conditions are expanding across parts of South America and southern Europe ahead of the spring planting cycle. Agronomists said low reservoir levels and poor subsoil moisture could weigh on yields if rainfall does not recover quickly.

Commodity traders are watching the forecasts closely because even modest crop stress could tighten already-fragile supply balances in grains and oilseeds.