Commodities Market Impact Weather

OMAHA (DTN) -- Variable rainfall across the Midwest, and heavy rain leading to flooding and wheat crop loss in the Southern Plains, are the key weather items for the commodity trade's attention Friday.

VARIABLE MIDWEST RAIN

The DTN ag weather forecast calls for a more-variable rainfall pattern across the Midwest during the first week of June. Eastern Midwest areas continue with light-to-moderate locally heavy activity, which will offer limited planting opportunities. Western, especially northwestern, sectors will be drier with seasonal temperatures. This combination will be more favorable for planting and early crop development. Extensive acreage loss is feared due to the historic wet pattern this spring.

DRIER NORTHERN PLAINS TREND

In the Northern Plains, seasonal to above-normal temperatures and only light precipitation will improve planting and crop conditions during the next week.

MORE SOUTHERN PLAINS FLOODING

In the Southern Plains, the forecast is again very wet through the next week. Excessive rains and damaging hail and winds are already causing reduced crop expectations in Oklahoma.

STRESSFUL SOUTHEAST DRYNESS

In the southeastern U.S., hot and dry conditions remain in the forecast through the next week. This pattern is stressful to developing crops. Shower chances increase in the eight- to 14-day time frame. This prospect will be closely watched.

MINIMAL PRAIRIES RAINFALL

Very little rain is in store for the Canadian Prairies in the next week to 10 days. Drought stress is increasing. There are some concerns about crop loss already because of dryness.

FAVORABLE BRAZIL HARVEST TREND

Across Brazil, harvest conditions for safrinha are favorable. Total crop production in Brazil will be large for the 2018-19 year.

MAINLY DRY IN SOUTH RUSSIA

In the Black Sea region, the pattern remains very warm and dry over eastern Ukraine through southern Russia during the next week. High temperatures into the low 90s Fahrenheit are in store. Potential for dryness developing will bear watching.

MORE EASTERN AUSTRALIA DRYNESS

In eastern Australia wheat areas, southern Queensland has widely scattered light showers indicated through the weekend. New South Wales will be dry. Dryness concerns are increasing for the Australia wheat crop.

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

Follow Bryce on Twitter @BAndersonDTN

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