Market Impact Weather
Beneficial Rains for Western Midwest
OMAHA (DTN) -- Beneficial rains for the Corn Belt, particularly the western Midwest, and a continued dry trend for the Canadian Prairies and Northern Plains, are the key weather items for the commodity trade's attention Wednesday.
TIMELY, BENEFICIAL RAINS FOR MIDWEST
The DTN ag weather forecast calls for some timely and beneficial rains this week for filling corn and soybeans, especially through the western Midwest region. Some areas of Nebraska received 2 to 4 inches of rain, up to Wednesday morning, leading to some flood concerns. However, there is still some risk that dry areas in Iowa may miss this rainfall. No significant heat stress is expected, although above-normal temperatures are expected at times.
DRIER FOR WEST TEXAS
For west Texas, cotton will likely benefit from drier conditions and near- to mostly above-normal temperatures during the next seven days, although the northern part of the crop belt may see showers at times.
FAVORABLE HARVEST CONDITIONS FOR NORTHERN PLAINS
In the Northern Plains, mostly favorable conditions are seen for the harvest of a drought-reduced spring wheat crop at this time. Drier weather during the next 10 days will increase the risk to late-filling corn and soybeans while heat stress remains low.
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NO SIGNIFICANT RAINS FOR PRAIRIES
For the Canadian Prairies, no significant rainfall is forecast for the region for at least the next seven days, possibly longer. This is a favorable weather pattern for harvesting a drought-reduced wheat crop and for canola. Canola is also likely to be affected by the summer dry pattern but not to the same extent as the wheat crop. Late-filling crops will continue to be affected by the dryness.
HURRICANE GERT UPDATE
As of early Wednesday morning, the center of Hurricane Gert, with winds of 90 miles per hour, was located 330 miles northwest of Bermuda. Gert is moving toward the northeast near 21 miles per hour (33 kilometers per hour). An even faster east-northeastward motion is expected during the next couple of days. This system is heading out to sea. We also note a couple of weak disturbances within tropical waves moving westward over the southern Atlantic. The first of these disturbances may move into the Caribbean Sea by Friday.
HOTTER WEATHER IN UKRAINE
Yield prospects for crops remain near to above normal over much of Ukraine and Russia due to above-normal rainfall during the past 30 days in much of the region. However, recent hot weather may increase the risk to filling crops in some locations. On Tuesday, the highs reached 88 to 96 degrees Fahrenheit in eastern areas of Ukraine.
MAINLY FAVORABLE CONDITIONS IN NORTHEAST CHINA
Conditions mostly favor reproductive to filling corn and soybeans at this time in northeast China due to recent generous rainfall. However, more rain will be needed to support filling crops as rains remain below normal for the season.
MAINLY DRY TREND IN INDIA
There was rain in northeast and far south India Tuesday. Drier weather covers much of the balance of India at this time. This is highly favorable for key crop areas of Gujarat after prior flooding rains. More rain is needed in the major soybean belt, and it appears likely that this will occur within the next week or so. Rainfall is also needed in Maharashtra. This area may also see needed rains late this week or early next week, but this is a little more uncertain.
RAINS IN AUSTRALIA
Needed rains have occurred in Australia's state of Victoria crop areas during the past 24 hours, with more rain likely when a disturbance tracks through the area later this weekend. There is also at least a chance that showers would move through key wheat areas in southeast South Australia and in southern New South Wales during this period.
Elaine Shein can be reached at elaine.shein@dtn.com
(AG)
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