Commodities Market Impact Weather

Drier Midwest a Slight Concern

John Baranick
By  John Baranick , DTN Meteorologist

MINNEAPOLIS (DTN) -- Additional rain for the Plains and Canadian Prairies and a drier Midwest and Brazil are the weather factors driving the markets Wednesday.

MIDWEST RATHER DRY

Drier conditions are expected in the Midwest for most of the next week, which will help those with planting yet to complete. Showers may start to ease eastward from the Plains next week, most likely for western areas. If showers disappoint, it will start to get dry again in some areas across the eastern Midwest, which may be concerning.

MORE RAIN FOR CENTRAL AND SOUTHERN PLAINS

More isolated to scattered showers will pop up throughout the week in the High Plains, spreading eastward at times and continuing through next week as well. The rainfall will not hit all areas but may help further reduce drought in some areas and is beneficial for developing summer crops and forages.

SHOWERS CONTINUING FOR NORTHERN PLAINS

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Isolated to scattered showers are forecast to continue in the Northern Plains through next week. Rain will be good for seed in the ground but may make it more difficult for those yet to plant to get done on time.

DELTA MUCH DRIER

Wetter soils in the Delta are mostly favorable for developing crops. Drier conditions have developed in the region and are likely to continue for the next week. Shower potential returns next week but is not a large chance. Overall conditions continue to be good across the region for developing crops for now.

AREAS OF RAIN FOR CANADIAN PRAIRIES

Scattered showers have developed in the Canadian Prairies and are forecast to continue through next week, hitting most areas with at least some decent rainfall. Northern Alberta received some heavy rainfall earlier this week which may help them fight the wildfires and reduce drought. Showers may slow seeding progress at times but may also help reduce widespread drought.

BRAZIL LOOKING FOR RAIN NEXT WEEK

A front will move into southern Brazil this weekend and may progress in central safrinha corn areas next week. Any rain would be beneficial for corn and wheat. Temperatures remain warm this week but will cool down behind the front moving through next week. Models have backed off on any potential for frosts, but that remains the largest concern for the crop moving forward.

SHOWERS CONTINUING IN ARGENTINA

Scattered showers continue in Argentina for the rest of the week, favorable for increasing soil moisture for wheat. Temperatures will fall below normal over the weekend and into next week, which may produce frosts and freezes, limiting growth for wheat.

GOOD WEATHER FOR MOST OF EUROPE

Showers continue near the Mediterranean Sea for the next week and may be most consistent near Spain, which has seen some favorable showers lately, but is still in deep drought. Other areas are getting a chance to dry out and find some sun this week, favorable for crop development. Soil moisture is good for most of the continent.

FAVORABLE WEATHER FOR THE BLACK SEA

An upper-low over the Black Sea and a couple of fronts in the region will provide scattered showers for the next week, especially over wheat areas in eastern Ukraine. Soil moisture and warm temperatures are mostly favorable for crop development.

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

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John Baranick