Commodities Market Impact Weather

OMAHA (DTN) -- Continued drought in Brazil and more cool conditions for the central U.S. are the primary weather features for the commodity market's attention Wednesday.

MIDWEST TO STAY COOL

The DTN Ag Weather forecast calls for Midwest crop conditions to remain quite mixed. Scattered showers have fallen across the region over the last several days. The increased moisture will be good for emerging crops, though portions of the northwest could use a bit more moisture. Ahead of the rainfall, producers were active with planting and progress is well ahead of the normal pace. Some chilly temperatures, including frost potential, are possible across the north and east into next week, which may be damaging to emerging crops. This is not a high likelihood nor is it widespread, however.

SCATTERED SOUTHERN PLAINS SHOWERS

Scattered showers moved through the Southern Plains over the last couple of days. More isolated showers will fill out the week with a better chance for periods of moderate showers Friday into next week. All shower activity will benefit developing to reproductive wheat and emerging corn and soybeans.

LIMITED NORTHERN PLAINS MOISTURE

In the Northern Plains light rain showers Wednesday are bringing very little actual precipitation. Drought continues in the area. Temperatures have fallen below freezing a couple of days this week and may do so this weekend into next week as well, which could damage any emerged corn or wheat. There is a better chance for more moderate showers late Friday into Monday.

VARIABLE DELTA CONDITIONS

The Delta has had moderate showers recently, benefiting emerged crops. The rain has delayed planting activity but mostly dry weather to finish the week should encourage producers to plant more. More moderate showers are expected this weekend into next week.

ACTIVE SOUTHEAST FORECAST

The Southeast will have scattered showers continue Wednesday before being pushed out. The showers will benefit emerging cotton but have caused planting delays. More moderate to heavy showers are expected this weekend into next week.

COOL, DRY IN PRAIRIES

In the Canadian Prairies temperatures below normal and dry conditions continue to keep planting slow. Showers have been and will continue to be more consistent across the southwest, benefiting soil moisture there. Eastern and northern areas will continue to be on the cool and dry side for the next week.

NO EASING OF BRAZIL DROUGHT

In central Brazil heat and dryness have been the theme over the last couple of weeks, forcing developing corn to deplete subsoil moisture across the region. Overall dryness continues for another week, stressing developing to reproductive corn.

SHOWERS IN ARGENTINA

Dry conditions last week in central Argentina favored harvest of corn and soybeans. A front that moved in late this weekend brought widespread showers through Wednesday. This should disrupt the harvest somewhat, but will prime soils for winter wheat planting, which picks up in the next couple of weeks.

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

Follow him on Twitter @BAndersonDTN

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