Commodities Market Impact Weather

MINNEAPOLIS (DTN) -- The contrast of limited showers in the northwestern Corn Belt and steady and widespread showers across the southeastern Corn Belt, along with fairly good conditions for the rest of the world's growing regions, are the primary weather concerns holding the market's attention Thursday.

MULTIPLE MIDWEST RAIN MAKERS

Several chances for rainfall in the Midwest over the last week and through next week will keep bringing in favorable moisture for developing to reproductive corn and soybeans. There are some notable exceptions through the northwestern crop areas, where deficits have been larger and drought has been more steady. The chances for rain are not as widespread as are needed across the region, and there are likely to be areas still needing more rain.

SCATTERED SHOWERS IN SOUTHERN PLAINS

Several fronts will continue to offer chances for rain in the Southern Plains, especially in Nebraska and Kansas for developing to reproductive corn and soybeans, two states that have had some of the best crop conditions so far this year. Remaining wheat in the field will find some harvest delays where the showers occur.

LIMITED SHOWERS FOR NORTHERN PLAINS

Scattered showers will move through the Northern Plains through Saturday, offering some drought relief for a few lucky areas. Another system next week may do the same. There will undoubtedly be some areas that remain dry or only see limited showers, which could be more numerous than those lucky areas.

PERIODIC DELTA SHOWERS

Periods of showers in the Delta both recent and forecast are keeping prospects fairly good for developing to reproductive cotton and soybeans for most areas over the next week.

ELSA EXITING THE SOUTHEAST

In the Southeast, heavy rainfall from Tropical Storm Elsa has created some flooding, but damage has been rather minimal as the system has moved through. Generally favorable conditions continue across the region for the next week with several chances for additional rainfall.

FEW RAIN CHANCES IN CANADIAN PRAIRIES

Some scattered showers moved through the Canadian Prairies this week but have generally been light with isolated moderate amounts. A system will move through early next week with some scattered showers, but again amounts look to be mostly light. Stress to developing and reproductive wheat and canola continues to increase.

BRAZIL STAYING DRY

Frosts in Brazil last week caused widespread damage to immature corn across southern growing areas. Dry weather since and for the next week will continue to cause stress. There is a chance southern areas see some rainfall late next week, but those chances are currently low. Vegetative winter wheat has likely been faring better with more widespread showers and better soil moisture. The crop may have been damaged by the frosts last week, but likely came out with minimal impact.

John Baranick can be reached at john.baranick@dtn.com

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