Commodities Market Impact Weather

OMAHA (DTN) -- Ongoing Midwest rain and flooding, and damaging rain in store for the Southern Plains, are the key weather items for the commodity trade's attention Tuesday.

MORE RAIN ACROSS MIDWEST

The DTN ag weather forecast calls for excessive rainfall and flooding to continue to disrupt and delay Midwest corn and soybean planting. Corn planting progress is the lowest on record for this date. Some corn acreage will likely not get planted as there is no end to the wet pattern in sight.

UNFAVORABLE NORTHERN PLAINS CONDITIONS

In the Northern Plains, ongoing wet weather disrupts and delays spring wheat and corn planting. Some acreage may not get planted. In addition, low temperatures slow germination and early development.

VERY WET IN SOUTHERN PLAINS

In the Southern Plains, heavy rain and flooding cover much of the region. The wet conditions are unfavorable for row crop planting, and increase disease pressure in winter wheat. In addition, excessive rains and damaging hail and winds may mean losses to wheat, especially in hardest hit areas of Oklahoma where wheat is ripening.

MIXED DELTA TREND

The Delta will have showers and thunderstorms in northern and western areas Tuesday, causing some planting delay. Other sectors will be dry. The entire region turns drier during the balance of the week.

CHILLY AND DRY IN PRAIRIES

The Canadian Prairies have additional dry conditions in most areas this week. Rain chances are highest in Manitoba and southern Saskatchewan. Dry conditions inhibit early growth of newly seeded crops. Temperatures will be low for the season, with a chance for frost and burn-back of emerged plants.

BENEFICIAL BRAZIL PATTERN

Across Brazil second-crop (safrinha) corn areas, there are no significant concerns in Mato Grosso, Mato Grosso do Sul and Goias. Rain in Parana and Mato Grosso do Sul may be somewhat unfavorable for maturing corn, but in general should favor filling corn.

FAVORABLE BLACK SEA MOISTURE

In Russia and Ukraine, soil moisture is favorable for crops. Belarus and western Ukraine have been fairly wet recently, likely slowing spring fieldwork. South and East Ukraine have been drier. Showers and some rain should move into eastern Ukraine during the next week.

SOUTH AUSTRALIA RAIN

In Australia's wheat areas, the best chance for needed rain to occur looks to be over south-central and southeast Australia during the next 10 days. New South Wales and southern Queensland look to be drier and warm-to-hot during this time frame, depleting the soil moisture put down by prior rains.

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

Follow him on Twitter @BAndersonDTN

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