Commodities Market Impact Weather

OMAHA (DTN) — Differentiated Midwest temperatures, and possible showers for Europe and the Black Sea region, are key weather items for the commodity trade's attention Thursday.

VARIABLE MIDWEST TEMPERATURES

The DTN ag weather forecast calls for Midwest temperatures to be cooler and then seasonal during the next five days. Showers later this weekend and early next week do not look too heavy. Conditions are mostly favorable for reproductive crops in the region. However, crop development remains well behind normal in most areas. In addition, soils in many areas have seen substantial drying during July.

HOT IN SOUTHERN PLAINS FORECAST

In the Southern Plains, high temperatures are expected through the next week to 10 days. This combination will be stressful to row crops; irrigation usage will be extensive through the first week of August.

NORTHERN PLAINS RAIN PROSPECT

Northern Plains crop areas have several rounds of thunderstorms indicated in the forecast through the next week. Highest-chance sectors are in the eastern half of the region. Rain will offer benefit for crop development. Crop progress remains late following the delayed planting season.

COOL PRAIRIES PATTERN

Canadian Prairies crop areas have mostly below normal temperatures indicated in the seven-day forecast. This trend is unfavorable for crops due to late development. Shower activity will mainly favor northern areas.

EUROPE SHOWER CHANCE

Another round of extreme heat is in store for Europe crop areas Thursday. Temperatures will exceed 100 Fahrenheit in France and Spain. There is a chance for shower and thunderstorm activity through the end of the week. This occurrence will be important for easing the intense heat wave, along with offering some much-needed crop moisture.

BLACK SEA SHOWERS

In the Black Sea region, periodic showers for corn and sunflower crops in south and east Ukraine through west and south Russia continue in the forecast through the next 10 days.

COOLER VOLGA TEMPERATURES

In eastern Russia crop areas through Kazakhstan, hot and dry conditions have recently affected spring wheat areas. A more variable temperature pattern is likely during the next week or more. There is no indication of significant heat. There is actually some risk that very cool weather will move into the region next week.

CONTINUED INDIA MONSOON RAIN

Additional moderate to heavy monsoon rain is moving through western and north-central India crop areas. This is beneficial crop moisture following a slow start to the monsoon rains.

BRAZIL WHEAT FREEZE

Reports from the Brazil state of Parana indicate a substantial reduction in the state's wheat crop due to freeze damage in June. Parana produces half of Brazil's wheat crop. This damage is expected to lead to a boost in Brazil wheat imports, offering potential for some increase in U.S. wheat sales to Brazil.

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

Follow Bryce Anderson on Twitter @BAndersonDTN

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