Commodities Market Impact Weather

Forecast Stays Wet

Bryce Anderson
By  Bryce Anderson , DTN Senior Ag Meteorologist
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OMAHA (DTN) -- Continued rain across the Midwest, and unfavorable wet and cool conditions in the Southern Plains, are the key weather items for the commodity trade's attention Wednesday.

MORE RAIN ACROSS MIDWEST

The DTN ag weather forecast again calls for excessive rainfall to disrupt and delay corn and soybean planting in the Midwest. Corn planting progress is the lowest on record for this date. Some corn acreage will likely not get planted. The wet pattern remains in place through the end of May, especially over the western Midwest.

COLD PATTERN AGAIN IN NORTHERN PLAINS

In the Northern Plains, wet conditions remain disruptive to spring wheat and corn planting. Some acreage may not get planted. Low temperatures slow germination and early development. In addition, snow in western South Dakota increases stress to livestock.

WET AND COOL IN SOUTHERN PLAINS

In the Southern Plains, recent heavy rain will increase disease pressure on developing wheat. Excessive rains and damaging hail and winds may mean losses to wheat, especially in hardest hit areas of Oklahoma where wheat is maturing. In addition, cool to cold weather early Wednesday may have caused some stress to developing wheat. Rain delays and disrupts row crop planting.

WARM AND DRY IN DELTA

The Delta will have mostly dry and very-warm-to-hot conditions through the coming weekend. This trend will be favorable for planting progress.

DRY AND VERY COOL IN PRAIRIES

The Canadian Prairies have additional dry conditions in most areas through the end of the 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.

FAVORABLE BRAZIL CONDITIONS

Across Brazil safrinha corn areas, seasonal temperatures and favorable soil moisture supplies are beneficial for the filling crop. Harvest is beginning, with high yields indicated.

DRIER SOUTHERN RUSSIA TREND

Soil moisture in primary Black Sea crop areas is variable. Western Ukraine has favorable supplies. Drier conditions are in effect from southern Ukraine east to southern Russia and the Volga Valley. The Volga region will be drier with above-normal temperatures over the next week. Southern Russia and the Volga region bear watching for possible intensifying dryness.

EASTERN AUSTRALIA DRYNESS

In eastern Australia wheat areas, New South Wales and southern Queensland look to continue dry during the next 10 days. Temperatures will be above normal through five days and then be lower. Soil moisture will continue to diminish and stress to early developing wheat will increase.

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

Follow him on Twitter @BAndersonDTN

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Bryce Anderson

Bryce Anderson
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