Commodities Market Impact Weather

MINNEAPOLIS (DTN) -- A series of three storm systems set to move through the middle of the country and mixed weather conditions in South America are the weather factors holding the market's attention Friday.

SCATTERED SHOWERS IN MIDWEST

Showers will continue to drift north through the Midwest on Friday. They will be scattered and cause some delays to the corn and soybean harvest, but only in a few spots. A series of systems will move through this weekend through next week that will bring more scattered showers to the region. Soil moisture should increase for winter wheat, but harvest delays will be possible again.

TWO STORMS FOR SOUTHERN PLAINS

Dryness and above-normal temperatures in the Southern Plains this week have benefited harvest while drier winter wheat areas have suffered that did not receive showers last week. Two systems will move through this weekend into next week and should bring more scattered showers to the region, which would benefit winter wheat again. Some places will be missed, however.

HEAVY RAIN POTENTIAL FOR NORTHERN PLAINS

A series of systems looks to move through the Northern Plains late Friday through next week, which will bring chances for scattered showers back into the region, especially with a strong storm system in the middle of next week. Heavy rain could keep producers out of the fields for a while.

DELTA DRYING OUT

Dry conditions are expected in the Delta through the weekend with a brief chance for showers on Monday. Otherwise, good harvest weather is expected while recent showers have been good for winter wheat.

SOUTHEAST SHOWERS ENDING

Scattered showers will continue in the Southeast Friday and have caused some harvest delays and quality issues, especially in Alabama where flooding has been more significant. Drier weather will follow through next week, helping to drain soils and crops.

SHOWERS RETURN TO WESTERN BLACK SEA NEXT WEEK

Dry and cool conditions have been the norm in the Black Sea region during the last week. This favors fall harvest but is stressing drier sections of both Ukraine and western Russia for winter grain establishment. Rain is out of the forecast until early next week as a low in the Mediterranean moves through Ukraine. Western Russia does not have a good chance for showers here and time is running out before colder weather settles in for the year.

FAVORABLE PLANTING CONDITONS FOR BRAZIL

Scattered, heavier showers continue over southern Brazil while isolated, lighter showers fall across central areas. A couple of fronts moving through may increase showers over central areas, favoring planting of full-season corn and soybeans. Reproductive to filling winter wheat continues to have mostly favorable conditions as well.

DRYNESS CONCERNS FOR ARGENTINA

Relatively dry conditions in Argentina this week are keeping corn and soybean planting at a slow place. Winter wheat areas continue to have mostly favorable conditions, however. Some showers will move through the country this weekend but look to be light while another system moves through in the middle of next week with scattered showers.

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

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