Commodities Market Impact Weather

OMAHA (DTN) -- Dry conditions expected during the month in the Midwest, and a volatile pattern in the Southern Plains, are the key weather items for the commodity trade's attention Wednesday.

MIDWEST DROUGHT FORECAST

The DTN ag weather forecast calls for Midwest temperatures to remain below normal through the next week. The cool pattern will ease crop stress, but also keeps crop development very late, with concerns widespread about crop maturity prior to the first autumn freeze. Precipitation will be limited in the recently-dry areas of the central and eastern Midwest; drought development is forecast during August.

VOLATILE IN SOUTHERN PLAINS

In the Southern Plains, western and central areas remain in the grip of a stressful hot and dry pattern through the rest of the week. Hotter conditions were favorable for the now-complete wheat harvest, but heat stress to crops and livestock is likely. Irrigation usage will be extensive. In eastern areas, heavy rain and severe storms will cause flash flooding and storm damage. The greatest impact will be in eastern Kansas.

LAGGING NORTHERN PLAINS PROGRESS

Northern Plains' crop areas have generally favorable crop conditions. However, seasonal to below-normal temperatures will hinder crop development. Crop progress is well behind average because of extensive planting delays during the very wet spring. The region needs a late fall freeze to allow crops to fully develop.

PRAIRIES STAY COOL

Canadian Prairies' crop areas have a continued cool weather pattern with light-to-moderate rain in store through the balance of the week. Rainfall is notably needed in the southwestern portion of the region. Low temperatures will keep crop progress slow in this late season. Some crops are as much as two weeks behind schedule, raising concerns over the timing of the first autumn freeze.

FAVORABLE BRAZIL TRENDS

Across Brazil, dry and hot conditions favor corn harvest progress. Wheat areas of southern Brazil had only a light impact from a brief round of freezing conditions (zero Celsius) during the past week.

WESTERN EUROPE SHOWERS

Western, northern and eastern Europe crop areas continue with periods of rain forecast through the end of the week. Southern Europe will be dry. Temperatures will be seasonal to above normal, warmest in the drier areas along the Mediterranean Sea.

BENEFICIAL RUSSIA TREND

Russia and Ukraine continue with favorable crop prospects. Summer crops have largely passed through the key reproductive stages of development without detrimental heat or moisture deficits, and are now filling.

MIXED EASTERN RUSSIA PATTERN

Eastern Russia crop areas have a mixed weather prospect over the next week. Rain has eased drought in the west, while intensifying heat and dryness are noted in eastern and southern growing areas.

VARIABLE INDIA MONSOON RAIN

Heavy monsoon rains are indicated over north-central and west-central India through the balance of the week. Meanwhile, eastern crop areas are drier with only intermittent showers due to monsoon inconsistency.

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

Follow him on Twitter @BAndersonDTN

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