Market Impact Weather

OMAHA (DTN) -- Cool temperatures with variable precipitation in the central U.S., and mixed conditions in the Black Sea region, are the key weather items for the commodity trade's attention Monday.

MILD MIDWEST PATTERN

The DTN ag weather forecast calls for more favorable weather for pollinating and filling corn and filling soybeans in the western Midwest with some beneficial rainfall and near- to below-normal temperatures. However, some significant dry areas still exist in Iowa. Mostly favorable weather for filling corn and soybeans is in effect in the eastern Midwest.

RAIN FOR SOUTHERN PLAINS

Southern Plains crop areas have generally favorable conditions for developing crops with some beneficial rainfall. Moderate to heavy totals are suggested in the forecast during this week.

STILL DRY IN NORTHERN PLAINS

In the Northern Plains, cooler temperatures lessen stress to later-pollinating and filling corn and filling soybeans. However, rainfall remains limited.

HEAT STRESS HURTS PRAIRIES CROPS

Canadian Prairies crop yields are on track to be lower than a year ago due to drought. Major losses to spring wheat due to hot and dry weather in July are already certain. More favorable conditions are noted for canola, which is mostly grown in northern areas. However, a turn to hot/dry weather in the six- to 10-day period will increase stress.

VARIABLE RUSSIA AND UKRAINE CONDITIONS

Generally favorable soil moisture for crops in Ukraine and Russia is noted, except more rain would benefit in southeast Ukraine and southwest portions of the southern district of Russia.

BENEFICIAL NORTHEAST CHINA SHOWERS

Beneficial rain continues for reproductive to filling corn and soybeans in northeast China.

FAVORABLE WEST INDIA TREND

Drier weather favors planting and developing oilseeds and cotton in the major growing areas of west-central India.

LIMITED AUSTRALIA RAIN BENEFIT

Some beneficial rain for wheat in Australia has occurred; however, more is needed as rainfall totals remain well below normal since May 1.

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

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