DTN Market Impact Weather
Favorable Weather Pattern Continues for Corn Belt Into Next Week
OMAHA (DTN) -- A switch in the weather models this morning back to a favorable pattern for the Corn Belt, and a hot, dry forecast for Europe, are the key weather items for the commodity trade's attention Wednesday.
MIDWEST PATTERN TO CONTINUE
Today's jet stream model runs have backed off changes that were forecast Tuesday. The European and U.S. weather models are both now indicating, in the extended outlook, no major changes to the current pattern. The DTN ag weather forecast calls for favorable conditions for late-pollinating and filling corn and developing and filling soybeans with moderate temperatures and adequate moisture conditions to continue. In the six- to 10-day outlook, temperatures will be variable and rainfall near to below normal.
SHOWERS HELPED CENTRAL AND SOUTHERN PLAINS
In the Central and Southern Plains, recent moderate to heavy showers and thunderstorms and more moderate temperatures ease stress to corn and soybeans.
DRY TREND FOR WEST TEXAS
No significant rainfall is expected in the major growing areas of west Texas during the next seven days. Episodes of hot weather will further stress the crop.
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FAVORABLE NORTHERN PLAINS CONDITIONS
The Northern Plains expects to see favorable conditions for developing corn and soybeans with adequate soil moisture and moderate temperatures. There will be favorable weather for maturing and harvesting spring wheat.
LIMITED RAIN FOR CANADIAN PRAIRIES
Limited rainfall and episodes of hot weather in the Canadian Prairies stresses filling wheat and canola in some southern areas.
LITTLE RAIN IN EUROPE
In Europe, little rainfall along with episodes of hot weather are affecting the wheat and corn crops. The five-day rainfall forecast shows the dry trend continuing.
VARIABLE CONDITIONS IN NORTH CHINA
In northeastern China, more rain would benefit the main corn areas in the south. There are more favorable conditions in the main soybean areas in the north.
SOME BENEFICIAL WEEKEND SHOWERS IN CENTRAL CHINA
In central China, there were some beneficial showers and thunderstorms during the weekend. Temperatures remain high. Some stress to crops have been reported.
DRIER OUTLOOK FOR WEST-CENTRAL INDIA
Monsoon rains are now mostly in the north in India. The main oilseed areas of west-central India have adequate soil moisture at this time, but will be on the drier side during the next seven to 10 days and this will deplete the soil moisture.
Elaine Shein can be reached at elaine.shein@dtn.com
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