Commodities Market Impact Weather

OMAHA (DTN) -- Additional rain across the Midwest, and a dry trend for the Black Sea crop region, are the key weather items for the commodity trade's attention Wednesday.

EXCESSIVE MIDWEST RAIN

The DTN ag weather forecast continues to feature excessive rainfall in the Midwest, causing widespread disruption and delay in corn and soybean planting. Corn and soybean planting progress and crop emergence are well behind the five-year averages. Crop acreage loss to wet conditions may be near historic levels.

MIXED NORTHERN PLAINS TREND

In the Northern Plains, a drier and warmer trend will help to improve conditions for planting corn and soybeans in North Dakota during this week. The planting pace for spring wheat, durum wheat and oats is closer to normal at this time. Emergence should also gradually improve with the higher temperatures. South Dakota and north Minnesota will continue slower due to more rain and not as warm temperatures.

DAMAGING SOUTHERN PLAINS RAIN

In the Southern Plains, wet conditions will increase disease pressure on wheat. Excessive rains and damaging hail and winds may mean losses to wheat, especially in hardest hit areas of Oklahoma where wheat is maturing. Wet conditions will affect the early harvest. Quality issues can be expected. Recent low temperatures may have caused some problems for wheat in Colorado. Rain delays and disrupts planting of row crops as well.

WARM AND DRY IN DELTA

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

SOUTHEAST DRYNESS

In the southeastern U.S., hot and dry conditions remain through the next week. This pattern is stressful to developing crops, especially early reproductive crops. Reports suggest a slowdown in planting due to dryness has occurred. A somewhat weaker ridge in the longer range may allow for less hot, dry weather but this is uncertain.

WARMER IN PRAIRIES

The Canadian Prairies will be warmer this week, offering some better conditions for emerging crops from a temperature standpoint. Most of the region is still dry, however, with crop stress due to a lack of moisture.

FAVORABLE BRAZIL CONDITIONS

Across Brazil safrinha corn areas, seasonal temperatures and favorable soil moisture supplies are beneficial for finishing crops and harvest.

LIMITED SOUTH RUSSIA RAIN

In the Black Sea region, south and east Ukraine and south Russia are expected to see above or well-above normal temperatures during the next five-to-seven days before moderating somewhat. Rainfall will be mostly below normal during the next 10 days. Recent showers will have provided favorable moisture for wheat and for early planted corn and sunflower but more will be needed to support favorable development of crops.

EASTERN AUSTRALIA DRYNESS

In eastern Australia wheat areas, New South Wales and southern Queensland look to continue dry during the next 10 days.

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

Follow him on Twitter @BAndersonDTN

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