Commodities Market Impact Weather

OMAHA (DTN) -- Variable harvest conditions over the next 10 days in the U.S., and more indication of record dryness in Australia wheat areas, are the key weather items for the commodity trade's attention Monday.

MIXED MIDWEST TREND

The DTN ag weather forecast calls for a mixed trend over the Midwest during the next 10 days. Dry conditions through midweek will offer favorable harvest conditions. The pattern turns wetter for late week, notably in the eastern Midwest. This will bring some late-stage harvest disruption.

GENEROUS SOUTHERN PLAINS MOISTURE

In the Southern Plains, soil moisture supplies are ample for winter wheat development. A few light showers are indicated in the five-day forecast.

DRIER NORTHERN PLAINS PATTERN

In the Northern Plains, mainly dry conditions are favorable for harvest progress.

CONTINUED BRAZIL RAIN

Brazil crop areas have a sustained pattern of showers and thunderstorms across the major crop areas. Soil moisture is beneficial for developing soybeans.

FAVORABLE ARGENTINA TREND

In central Argentina, mild weather and periods of rain are favorable for planting and early crop development.

EUROPE SHOWERS

Across Europe, a cooler and more unsettled pattern is expected to improve chances for beneficial rains in winter grain and oilseed areas this week.

RECORD AUSTRALIA DRYNESS

Many wheat areas of Australia had record dryness during September. Wheat estimates have again been reduced.

DRY IN SOUTH AFRICA

South Africa crop areas are dry and very warm to hot. This is unfavorable for crop development and discourages further planting. Only scattered rain showers are indicated in this week’s forecast.

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

Follow him on Twitter @BAndersonDTN

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