Commodities Market Impact Weather
Broken Record Forecast Through Weekend
MINNEAPOLIS (DTN) -- Additional rain for the Plains and Canadian Prairies, drier conditions in the Midwest, and recent rain for Brazilian corn are the weather factors driving the markets Wednesday.
LIMITED RAINFALL FOR MIDWEST
Temperatures continue to be above normal in the Midwest all week long while chances for showers are fairly limited. Showers will be around throughout the week, though, and will help to stave off dryness where they hit. Areas that do not receive showers could see drought developing or increasing this week, especially in eastern areas. There is some concern over young plants, but drought is not deep or forecast to spread to too many areas just yet.
RAINS CONTINUE FOR CENTRAL AND SOUTHERN PLAINS
Showers and thunderstorms continue to develop in clusters across the Central and Southern Plains going into next week, though still focused more on western areas than in the east. If eastern areas continue to miss out, then drought may worsen there. But overall, drought reduction is occurring in the region.
WIDESPREAD SHOWERS FOR NORTHERN PLAINS
Widespread showers continue in the Northern Plains throughout this week. The coverage and intensity may decrease over the weekend into next week, but most areas are seeing at least some rainfall to keep crop conditions favorable.
LIMITED RAINFALL FOR THE DELTA
Soil moisture has been dropping in the Delta, though is still in good shape across most of the region. Showers will continue to be limited throughout the week and may start to be a concern if the drier pattern continues deeper into June.
AREAS OF RAIN FOR CANADIAN PRAIRIES
In the Canadian Prairies, scattered showers have been very sporadic on where they have been hitting over the last week, but continue in the region going into next week. Coverage of showers will be different each day. Temperatures remain above normal, but not extremely so.
BRAZIL CORN DRYING OUT AGAIN
A front is spreading some showers into south-central safrinha corn areas through Wednesday before showers largely dry up again. The showers should benefit some of the corn and wheat crops, though rains are fairly rare this time of year anyway with another week of dryness on tap after the showers dry up this week.
MORE SHOWERS COMING FOR ARGENTINA
More showers are expected to come in waves across Argentina Friday into next week, increasing soil moisture in the country's primary growing areas and favoring winter wheat establishment.
SHOWERS CONTINUE AROUND THE MEDITERRANEAN
Showers continue near the Mediterranean for the next week. Showers have been the most consistent near Spain, which has seen some favorable showers over the last couple of weeks but is still in deep drought. Other areas have had some favorable dryness to allow for soil drainage and accelerated crop development. Areas to the north could use some more showers now though, as it has been drier for the last couple of weeks.
MOSTLY FAVORABLE WEATHER FOR THE BLACK SEA
An upper-low over the Black Sea and a couple of fronts in the region will continue to provide scattered showers for the next week. Eastern Ukraine has had the most favorable rainfall but much of the region has good soil moisture at the moment.
John Baranick can be reached at john.baranick@dtn.com
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