Commodities Market Impact Weather

MINNEAPOLIS (DTN) -- Heavy rainfall in the Midwest and Delta, severe storms moving across the South, and favorable rainfall in southern Brazil are the weather factors holding the market's attention Wednesday.

MODERATE TO HEAVY PRECIPITATION FOR MIDWEST

A system will continue to spread moderate to heavy showers across the Midwest through Thursday, including some areas of accumulating freezing rain and snow. Soils that are a bit too wet will likely remain so this week. Another system will pass through this weekend and may bring additional showers. Despite a little warmup ahead of the advancing cold front, below-normal temperatures will be the norm through the weekend into early next week. Growth on winter wheat will be slow as will warming of wet soils.

SOUTHERN PLAINS WITH LIMITED SHOWERS

A system brought scattered showers to the Southern Plains on Tuesday and a line of thunderstorms developed overnight that continues in southeastern areas for early Wednesday. Another system will bring some light showers through on Friday night but will be weaker in intensity. Additional showers will be possible early next week with yet another system but impacts to wheat areas will be limited. Drought remains a large obstacle to good yields for winter wheat, and for good germination once producers start planting corn and soybeans.

OCCASIONAL SHOWERS IN PACIFIC NORTHWEST

Scattered showers will move through the Pacific Northwest at times for the next week, maintaining or improving soil moisture in drought areas.

LIMITED SHOWERS FOR NORTHERN PLAINS

Scattered showers developed in the Northern Plains on Tuesday and continue as snow in eastern areas on Wednesday. Overall, amounts are pretty light. There are several chances for lighter precipitation to continue in the region for the next week, however.

DELTA BRACING FOR SEVERE STORMS

Recent precipitation in the Delta has diminished drought across the south and has kept soils wet across the north. Periods of rain have caused delays to spring planting. A line of storms moving through on Wednesday could be severe with heavy rainfall amounts, which may cause further fieldwork delays.

SCATTERED SHOWERS FOR SOUTHERN BRAZIL

Consistent, but isolated showers will remain in central Brazil over the next week, favoring developing safrinha corn in some areas, but being too dry for others that will draw out more soil moisture. A front will move through southern areas on Wednesday and Thursday with a good round of showers before that front weakens as it moves north. More showers are forecast to develop over the weekend across the south. Areas in the south have had improving soil moisture conditions for early safrinha corn growth.

DRYNESS FOR ARGENTINA

A front will exit northern areas of the country early Wednesday. Scattered showers fell in eastern areas of the country, but mostly light amounts. This will be followed by another week or so of dryness before another system moves through, likely with a brief shot once again. Limited moisture will be unfavorable for late-planted corn and soybeans in most areas.

BLACK SEA SHOWERS COMING UP

Precipitation in the Black Sea region over the winter has been above normal and should set up winter wheat in favorable shape for development. There are some chances for more showers Thursday through the weekend with more chances next week as well.

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

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