DTN Market Impact Weather
Drier Midwest Pattern
OMAHA (DTN) -- A drier trend in the Midwest and numerous threats due to Hurricane Florence are the key weather items for the commodity trade's attention Monday.
MIDWEST DRIER TREND
The DTN ag weather forecast calls for Midwest conditions to feature above-normal temperatures and below-normal rainfall during the next week. This mild and dry trend will favor maturing and early harvesting of corn and soybeans. Harvest progress in wettest areas will still be delays. Meanwhile, soil moisture is favorable for any late-filling crops.
SOUTHERN PLAINS TO TURN DRIER
Warmer and drier conditions are in store for the Southern Plains, after recent wet conditions. Rain last week improved soil moisture for winter wheat planting.
STILL MILD IN NORTHERN PLAINS
The Northern Plains continue with mostly favorable conditions for finishing spring wheat harvest and beginning row-crop harvest activity.
DRIER FOR DELTA
The Delta will be drier this week, especially in central areas hit by locally heavy rains last week. This should help improve conditions for mature crops and crop harvest.
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HURRICANE FLORENCE DAMAGE THREAT
Hurricane Florence is expected to bring very heavy, flooding rain and high winds to the mid-Atlantic region during the next week. Extensive crop damage is likely to corn, soybeans, cotton and peanuts in addition to population safety hazards.
FAVORABLE NORTHERN PLAINS TREND
The Northern Plains continue to have favorable weather for maturing and early harvesting of corn and soybeans.
PRAIRIES FROST POTENTIAL
Northern portions of the Canadian Prairies will have periods of showers during the next week. Showers improve moisture for planting winter grains. Colder temperatures are in store late this week and this coming weekend, likely meaning an end to the growing season for some west and north areas and a chance for frost in south-central and southeast areas.
WEEKEND BLACK SEA SHOWERS
Russia and Ukraine received moderate to heavy showers and thunderstorms during the past weekend, offering some easing of dry conditions and bringing slight improvement to soil moisture levels for planting the next winter wheat crop.
DRY WEEK AHEAD IN AUSTRALIA
Major wheat areas of Australia will be dry this week. Wheat production is likely to show a further decline, with the potential of totaling under 20 million metric tons, more than 10% below last year's production and 40% less than the total two years ago.
CENTRAL INDIA MONSOON RAIN
The India monsoon was active during the past weekend over central interior crop areas, spreading heavy to very heavy rainfall. Some flooding occurred; however, the rain is also beneficial for irrigation and soil moisture for summer crops and for planting winter crops later in the year.
Bryce Anderson can be reached at bryce.anderson@dtn.com
Follow Bryce on Twitter @BAndersonDTN
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