DTN Market Impact Weather

OMAHA (DTN) -- An easing of recently hot conditions in the Midwest and promising rain chances in the Southern Plains are the key weather items for the commodity trade's attention Tuesday.

LESS MIDWEST HEAT

The DTN ag weather forecast calls for seasonal temperatures over the Midwest during the next week. This easing of a recently hot pattern will be favorable for filling corn and pod-setting soybeans. Soybeans, however, have had some stress from hot conditions in southern sectors of the Midwest. There are showers and thunderstorms crossing the region as well, with additional soil moisture benefit.

CONTINUED SOUTHERN PLAINS RAIN PROSPECT

The Southern Plains forecast continues to suggest moderate to locally heavy rain during the next week. In contrast to earlier-season occurrences, heaviest amounts are indicated for the southern half of the region. This forecast will be closely monitored for possible soil moisture improvement ahead of winter wheat planting, along with late-season benefit to row crops and pastures.

PROMISING WEST TEXAS RAIN

West Texas cotton areas have a consistent forecast for showers and thunderstorms beginning Thursday and sustaining for a five-day period. Moderate to heavy amounts are expected. Moisture and more seasonal temperatures would be very important for avoiding further decline in the cotton crop.

HOT AND DRY OVER NORTHERN PLAINS

In the Northern Plains, above-normal temperatures and mostly dry conditions will deplete soil moisture, increasing stress to filling corn and soybeans.

DRYNESS AND HEAT IN PRAIRIES

Canadian Prairies crop areas remain mostly hot and dry during this week. This is a stressful pattern for wheat and canola, along with reducing hay supplies for livestock.

MORE EUROPE HEAT

Across Europe, hot and dry conditions continue to bring deteriorating prospects for crops, especially wheat and corn in France and Germany. Scattered showers and thunderstorms and more moderate temperatures develop during midweek, offering only slight easing of conditions.

LIMITED RUSSIA RAIN

In the Black Sea region, Russia and Ukraine have a very warm to hot and dry pattern through the rest of this week. This trend will lead to further decline in row-crop conditions.

CHINA CROP AREA SHOWERS

Most of the primary crop areas of China have the potential for scattered rainfall, along with seasonal temperatures, during the next week. This pattern is generally beneficial for crops.

INDIA STAYS DRIER

India monsoon rains remain stalled. This lull in activity is leading to hotter conditions and soil moisture depletion in west-central India. Only limited shower activity is expected this week.

ONGOING AUSTRALIA DROUGHT

Australia's primary eastern crop areas remain in the grip of historic drought. This damaging dryness is leading to projections of notably lower wheat production. The next week offers only light rainfall in far southeastern areas, but almost no rain in New South Wales.

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

Follow Bryce Anderson on Twitter @BAndersonDTN

(BAS/ES/SK)

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