Commodities Market Impact Weather

MINNEAPOLIS (DTN) -- Drier and warmer conditions across much of the United States and improving conditions across South America are the weather factors holding the market's attention Friday.

LIMITED SHOWERS FOR MIDWEST

Conditions are improving for drydown and early harvest of corn and soybeans in the Midwest. While systems will pass through the region during the next couple of weeks, showers will be more limited, scattered, and light for the most part unless a front stalls in the region. Soil moisture is still favorable for winter wheat planting and establishment.

DRIER AND HOT IN SOUTHERN PLAINS

Recent rainfall in Kansas will be good for winter wheat planting and establishment, but sporadic drought has been popping up around the region lately and more showers will be necessary to end it. Drier conditions and hot weather during the next week will benefit drydown of corn and soybeans and early harvest.

LIMITED SHOWERS FOR NORTHERN PLAINS

Recent showers in the Northern Plains have put a dent in the ongoing drought, but it still remains throughout the region. A few systems will pass through during the next 10 days, but shower chances will be lower and more scattered. This will favor drydown and early harvest of corn and soybeans, but drought does not look to get wiped out anytime soon.

BENEFICIALLY DRY FOR THE DELTA

Dry weather is expected in the Delta during the next week, favoring maturing soybeans and cotton. Showers may start to pop back up toward the middle of next week.

TEMPORARILY DRYING OUT IN THE SOUTHEAST

Tropical Depression Mindy brought some moderate to heavy rains to the Southeast this week that may have caused some damage to open cotton bolls. Drier weather during the next several days should help these areas to recover.

EASTERN BLACK SEA DRIER

Drier conditions in the Black Sea this week are favoring drydown of summer crops and planting of winter wheat. Soil moisture in Ukraine is much better than in Russia, especially in the Volga Valley where dry conditions during the summer have limited soil moisture for winter wheat establishment. Some isolated showers will be possible during the weekend into early next week, but no significant widespread showers are forecast for the next 10 days.

SOUTHERN BRAZIL RAINFALL CONTINUING

A system has been producing scattered showers across southern Brazil this week. Some showers have even developed over Mato Grosso, but the start to the wet season is still a couple of weeks away in central Brazil. Winter wheat is seeing improved conditions as it gets further into reproduction and fill while some full-season corn is being planted. Soybeans are restricted from planting for another few days so the showers coming to southern areas will benefit soils before planting begins.

SCATTERED SHOWERS FOR ARGENTINA

A system brought helpful showers for developing to reproductive winter wheat in Argentina this week. Soils still need more moisture for soybean and corn planting. More showers are expected to develop this weekend into early next week.

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

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