Commodities Market Impact Weather
Limited Rain for Midwest
OMAHA (DTN) -- Patchy rainfall for the Midwest, and an extended period of beneficial conditions in the Black Sea region, are the key weather items for the commodity trade's attention Wednesday.
LIMITED MIDWEST RAIN
The DTN ag weather forecast calls for Midwest temperatures to remain near to below normal over the next week. This cooler trend favors pollinating corn and flowering soybeans. However, dryness is increasing in central and eastern sectors. This is beginning to have some impact on crops as the shallow root systems are unable to tap subsoil moisture. If this dryness persists, it will affect filling corn and soybeans. The main concern for corn and soybeans is the slow development due to delayed spring planting.
BENIGN IN NORTHERN PLAINS
Northern Plains crop areas have generally favorable weather for developing corn and soybeans. However, crop development is well behind normal, making crops vulnerable to damage if an early freeze develops this season.
HOT IN SOUTHERN PLAINS
Southern Plains crop and pasture areas will be mainly dry and hot through the next five days. This combination will be stressful to non-irrigated crops, and will require extensive irrigation to maintain crop conditions and progress.
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MOSTLY DRY IN PRAIRIES
Canadian Prairies crop areas will be mainly dry over the next week. In addition, temperatures will trend above normal in southern and southwestern areas. This drier and warmer pattern will be stressful to crops.
BENEFICIAL BLACK SEA TREND
In the Black Sea region, the pattern is beneficial for crops. Western Russia and Ukraine are in the fourth consecutive week of near- to below-normal temperatures and periods of rain, which offer a favorable combination for row crops.
VARIABLE EASTERN RUSSIA PATTERN
In eastern Russia crop areas, variable conditions are in effect. The Volga River valley has had some crop loss due to heat and dryness during the first half of July. Farther east, milder temperatures and periods of showers have been beneficial for spring wheat.
MORE INDIA MONSOON RAIN
Late-developing but beneficial India monsoon rains continue in most primary crop areas.
Bryce Anderson can be reached at bryce.anderson@dtn.com
Follow him on Twitter @BAndersonDTN
(AG)
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