Commodities Market Impact Weather

OMAHA (DTN) -- Ongoing slow row crop progress, and a close watch on the track of Hurricane Dorian, are the key weather items for the commodity trade's attention Friday.

ADDITIONAL SLOW MIDWEST CROP PROGRESS

The DTN ag weather forecast calls for Midwest temperatures to be variable through the next 10 days. Crop development continues at a slower-than-normal pace during this time period. Corn and soybeans remain vulnerable to freeze loss even with an average first occurrence of freezing temperatures, due to development running from two to three weeks later than average.

CLOSE WATCH ON HURRICANE DORIAN

Hurricane Dorian in the western Atlantic Ocean is forecast to reach major status later Friday. Extremely damaging rain, wind and storm surge is forecast for Florida and the south Atlantic Coast through the Labor Day weekend. Hurricane damage to produce crops is expected to be significant.

LATE NORTHERN PLAINS PROGRESS

Northern Plains crop areas will have generally favorable conditions for filling corn and soybeans. Crop development, however, remains well behind average in most areas. Season-ending freezing temperatures need to be later than average in order to allow crops to reach maturity.

VARIABLE PRAIRIES TEMPERATURES

Canadian Prairies' crop areas will have variable temperatures through the next week. Crops need an extended growing season to escape damage or quality reductions from fall freeze conditions.

VARIABLE EUROPE MOISTURE

Across Europe, recent rainfall was noted in northern and eastern regions. Western Europe, especially France, was left out of the rain pattern. The next chance for France to take in moisture is late in the 10-day time frame.

WARM FOR BLACK SEA REGION

In the Black Sea region, Russia and Ukraine have a warm and dry pattern in effect. This is beneficial for filling summer crops.

FAVORABLE INDIA MONSOON RAIN

Monsoon rain continues to bring favorable crop moisture to west-central and northern India crop regions.

DRY EASTERN AUSTRALIA FORECAST

Ongoing dryness in eastern Australia may further curb an already drought-affected wheat crop. There is no appreciable rain indicated in the five-day forecast.

Bryce Anderson can be reached at bryce.anderson@dtn.com

Follow him on Twitter @BAndersonDTN

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