Market Impact Weather

OMAHA (DTN) -- Persistent eastern Midwest rainfall, and favorable conditions across South America, are the key weather items for the commodity trade's attention Monday.

RAINY MIDWEST PATTERN

The DTN ag weather forecast calls for continued showers and thundershowers in the Midwest during this week, with eastern and southern areas receiving the greatest activity. Moisture favors early-planted corn and winter wheat. However, rainfall will continue to impede overall planting progress. Northern areas will see lighter precipitation, but will have lower temperatures affecting fieldwork progress.

ADDITIONAL SOUTHERN PLAINS RAIN

In the Southern Plains, recent and forecasted rains improve and maintain soil moisture for winter wheat in the plains. Recent warm weather will promote more rapid development of the crop.

SLOW START IN NORTHERN PLAINS

Northern Plains crop areas have a slower outlook for spring fieldwork and planting, due to wet fields following late-winter and spring snow and rain.

CANADIAN PRAIRIES RAIN

Light to moderate precipitation with locally heavier amounts, mostly as rain, developed during the past weekend in the Canadian Prairies. Precipitation will provide adequate soil moisture for early needs of the crops as they are planted during the coming weeks. However, it will also slow seasonal fieldwork and planting.

ADDITIONAL BRAZIL SHOWERS

Across Brazil, scattered showers are featured over the central and northern crop areas this week. The rain will be favorable for soil moisture for the winter corn crop (safrinha). Southern crop areas have lighter precipitation for harvest.

DRIER ARGENTINA TREND

Central Argentina will be drier over the next week. This trend should help improve conditions for mature crops and harvesting following recent episodes of very heavy rain and flooding. Soil moisture for winter wheat planting is likely to be favorable ahead of the start of planting next month.

MIXED UKRAINE PATTERN

Dryness remains of some concern in portions of central and south Ukraine, but it has improved from earlier in the spring. Somewhat lower temperatures during this week should slow wheat growth rates for a time. Rain chances increase somewhat in eastern and southern Ukraine and Crimea. However, the central to west areas of Ukraine may remain somewhat drier.

Bryce Anderson can be reached at bryce.anderson@dtn.com

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