DTN Market Impact Weather

OMAHA (DTN) -- Dry conditions over the western Midwest and continued stressful heat in northern U.S. and Prairies crop areas are the key weather items for the commodity trade's attention Friday.

WIDE MIDWEST VARIANCE

The DTN ag weather forecast calls for, again, very warm to hot and mainly dry conditions in the northwestern Midwest through the weekend, with stress to filling corn and soybeans. Eastern areas will have more seasonal temperatures and periods of showers, generally favorable for crops.

POSSIBLE SHOWERS FOR SOUTHERN PLAINS

The Southern Plains forecast features a good prospect for rainfall through the next five days in the southern portion 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. Rain is too late to benefit non-irrigated cotton.

NORTHERN PLAINS HEAT

The Northern Plains pattern again features above- to much-above-normal temperatures and mostly dry conditions. This combination will deplete soil moisture and increase stress to filling corn and soybeans. Record highs are likely during the next few days.

RECORD PRAIRIES HEAT

Canadian Prairies crop areas remain mostly hot and dry through the first half of the weekend. Record highs are likely. This is a stressful pattern for wheat and canola, along with reducing hay supplies for livestock. Cooler but still dry conditions are indicated during next week.

SEASONAL IN EUROPE

In Europe, scattered showers and cooler temperatures are noted. These development are less stressful for crops; however, extensive loss has already occurred due to record heat and dryness.

DRY RUSSIA FORECAST

In the Black Sea region, mainly dry conditions remain in the forecast in Russia and Ukraine through the next week. Temperatures will be seasonal. The pattern has turned more favorable in the past two weeks; however, wheat production is lower than a year ago due to heat and dryness earlier this season.

DRY AUSTRALIA FORECAST

Australia's primary eastern crop areas remain in the grip of historic drought. This damaging dryness is leading to projections of a 30% decline in wheat production for the 2018-19 crop year. The next week offers light rainfall in far southeastern areas, but almost no rain in New South Wales.

SCATTERED CHINA RAINFALL

Primary crop areas of China have scattered light rain showers in the forecast through early next week. Temperatures will be very warm to hot, possibly causing some stress to crops.

LIGHT INDIA SHOWERS

India monsoon rains remain stalled. This lull in activity is leading to hotter conditions and soil moisture depletion in some sectors of west-central India, notably in Gujarat. Soil moisture in western Madhya Pradesh is still adequate for crops. Light rain is indicated for these areas during the next five days.

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

Follow Bryce Anderson on Twitter @BAndersonDTN

(BAS/ES/SK)

Copyright 2018 DTN/The Progressive Farmer. All rights reserved.