Commodities Market Impact Weather

OMAHA (DTN) -- A more-favorable pattern for harvest, and additional rain across the Brazil soybean areas, are the key weather items for the commodity trade's attention Tuesday.

MILD AND DRIER MIDWEST FORECAST

The DTN ag weather forecast continues to call for a mild and drier weather pattern across the Midwest during the next 10 days. An upper-atmosphere high pressure ridge is expected to spread across the central U.S., keeping precipitation out of the region. Temperatures also trend toward more seasonal values with this pattern. The overall effect is favorable for field and crop drying, and subsequent harvest progress.

MORE SOUTHERN PLAINS RAIN

In the Southern Plains, rain continues through southern areas this week, hindering row crop harvest and winter wheat planting. The region has notably-improved soil moisture since midsummer.

DRIER FOR NORTHERN PLAINS

Northern Plains harvest remains delayed by rain and snow. The pattern turns drier this week, offering better conditions for progress. Harvest progress is the slowest since 2009.

WET IN DELTA

The Delta will have disruptions in harvest and fieldwork early this week due to moderate to locally heavy rain.

SEVERE SOUTHEAST HURRICANE DAMAGE

In the southeastern U.S., crops are badly damaged as a result of Hurricane Michael a week ago. The Georgia cotton crop is now assessed at more than 50% poor to very poor, compared with less than 10% in those conditions prior to the hurricane.

CHILLS AND RAIN IN WEST TEXAS

In west Texas, weekend rainfall will be followed by cold and unsettled weather early this week. Light to moderate rain may redevelop in the area during the next several days.

WARMER AND DRIER FOR PRAIRIES

In the Canadian Prairies, the pattern turns warmer and drier this week, offering some improvement for harvest. Harvest is generally a week behind average, with Alberta posting a two-week lag relative to average in harvest progress.

MORE RAIN IN BRAZIL

Almost all crop areas in Brazil have showers in the forecast through the rest of the week. Soil moisture is favorable for planting and early soybean development. Latest soybean planting progress reports show 20% planted, a new record for this point in the season.

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

Follow Bryce Anderson on Twitter @BAndersonDTN

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