Commodities Market Impact Weather
Wet and Cool in Midwest
OMAHA (DTN) -- Additional rain hindering Midwest planting, and favorable conditions across South America, are the key weather items for the commodity trade's attention Monday.
WET WEEK FOR MIDWEST
The DTN ag weather forecast calls for a wet week ahead across the Midwest. These conditions will continue to disrupt and delay corn planting in most areas. The six- to 10-day pattern is indicated to be drier, which will offer better chances for progress. However, low soil temperatures in northwest areas may slow planting progress. In addition, river flooding is likely to continue for a while longer.
NORTHERN PLAINS CHILL
In the Northern Plains, a mainly dry trend through the next 10 days will allow for an increase in spring wheat and corn planting. Low soil temperatures may slow planting progress for a time.
COOL WITH SHOWERS IN SOUTHERN PLAINS
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In the Southern Plains, adequate-to-surplus soil moisture for developing winter wheat is in place throughout the region. Additional heavy rain is indicated during the next few days. These rains will slow the pace of summer-crop planting.
DELAYS INDICATED FOR DELTA
In the Delta, periods of rain, showers and thunderstorms are indicated during the next 10 days, at least. Rain will delay and disrupt planting progress and may add to flooding concerns.
DRY AND COOL IN PRAIRIES
Across the Canadian Prairies, precipitation is likely to average near to mostly below normal during the next 10 days. For some locations this may discourage early planting due to dryness. Temperatures continue below- or well-below normal for a little while longer, slowing increasing soil temperatures. However, increasing length of daylight will help to warm soils during the period.
SCATTERED CENTRAL BRAZIL RAIN
Central Brazil continues with scattered showers in key growing areas for second-crop corn (safrinha). This favors the filling crop.
WEEKEND ARGENTINA SHOWERS
Central Argentina crop areas had light rain showers over the weekend. The rain caused only minor delays in row crop harvest.
LIMITED AUSTRALIA RAIN BENEFIT
Scattered rain in eastern Australia during the weekend brought limited benefit to dry wheat areas. Very little follow-up rain is forecast. Meanwhile, Western Australia wheat areas received no rain in the past week, with a dry trend expected this week as well. The Australia dryness is a concern ahead of wheat seeding.
Bryce Anderson can be reached at bryce.anderson@dtn.com
Follow him on Twitter @BAndersonDTN
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