Commodities Market Impact Weather

OMAHA (DTN) -- Mixed weather conditions ahead for the Midwest and dryness-easing rain in the Canadian Prairies are the key weather items for the commodity trade's attention Friday.

VARIABLE MIDWEST CONDITIONS

The DTN Ag Weather forecast calls for mixed conditions in the Midwest over the next week to ten days. Moderate to heavy rain for another five days will continue to disrupt and delay soybean planting, especially over southern and eastern areas. This rain will likely bring an end to planting efforts. Near to below normal temperatures will also curtail the accumulation of growing degree days for crop development. A pattern change to warmer and drier weather during the six to ten-day period will be more favorable.

MORE NORTHERN PLAINS RAIN

In the Northern Plains, rainfall and cooler temperatures favor development of spring wheat and corn at this time, although growth and development rates are behind average. Wet conditions will continue to slow the pace of soybean planting and may bring an end to that effort for the season. Recently dry areas will benefit from the rain received. A pattern change to warmer and drier conditions is likely during the six- to ten-day period.

WEEKEND PLAINS RAIN

In the Southern Plains, periods of rain through the weekend will be unfavorable for wheat harvest. The pattern turns warmer and drier next week, offering improved harvest conditions.

WELCOME PRAIRIES RAIN

In the Canadian Prairies, showers and thunderstorms Friday and Saturday offer moderate to heavy totals over southwest and central Saskatchewan and possibly in Manitoba. Additional rainfall for many areas is also indicated during next week. Overall, this is an improving rainfall pattern for crops.

FAVORABLE BRAZIL HARVEST PATTERN

Across Brazil, the forecast offers warm and dry conditions for continued harvest progress of the safrinha corn crop.

DRY WEEKEND FOR RUSSIA

Russia and Ukraine crop areas have very warm to hot and dry conditions in store through the weekend into early next week. High temperatures in the 80s and 90s Fahrenheit are forecast during this period with middle to upper 90sF in southern Russia and possibly southeast Ukraine. This combination will be stressful to late-filling winter wheat in South and East Ukraine and South Russia. Corn and sunflower crops will also have increasing stress. Forecast models continue to point towards a cooling trend during the 6-10 day period.

DRY WEEK IN AUSTRALIA

In Australia, little to no follow-up rain is indicated in the forecast for this week. The ten-day time frame may bring some showers to Western Australia wheat areas.

LATE START TO INDIA MONSOON

The India monsoon season is starting out almost two weeks later than average. Monsoon-related rain is occurring in southern India crop areas. Central and northern locales are hot and dry with very little rain indicated during the next week.

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

Follow him on Twitter @BAndersonDTN

(CZ)

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