Commodities Market Impact Weather

OMAHA (DTN) -- Timely Midwest rain, and heat stress impact on European crops, are the key weather items for the commodity trade's attention Monday.

MIDWEST RAIN

The DTN ag weather forecast calls for rain that formed over the weekend in the western Midwest to continue into portions of the eastern Midwest during the next two days. This rain will bring timely and beneficial moisture to corn and soybean crops. Crop development continues to lag the average pace due to delayed planting caused by heavy spring rain.

SOUTHERN PLAINS HEAT STRESS

Southern Plains crop areas will have stressful hot and dry conditions during this week. The heat will accelerate the pace of row crop maturity, but may bring some loss in yield.

MORE NORTHERN PLAINS RAIN

Northern Plains' crop areas had a round of moderate-to-heavy rain during the weekend. Additional showers are indicated for the region during this week. Soil moisture is favorable for crops. Development continues to be later than average because of slow planting caused by very wet and cool spring weather.

DELTA HEAT ISSUES

Crop areas of the Delta and Southeast have a very hot pattern indicated through this week. Heat stress will be notable, and may bring on some loss in crop yield. Hot and dry conditions will favor harvest progress.

HIGHER PROSPECT FOR PRAIRIES' RAIN

Low temperatures and light-to-moderate rain are indicated for the Canadian Prairies this week. Rain is especially needed in southwestern areas. The cool weather pattern keeps crops slow in development compared with the average pace.

SHOWERS IN EUROPE

Western and central Europe have had a weather change to lower temperatures with periods of rain. This change has eased some stress to western and central Europe corn after harsh hot conditions in July. The midsummer heat wave has affected crops. France's corn rating has slipped to 60% good because of the heat.

BENEFICIAL BLACK SEA TREND

In the Black Sea region, Russia and Ukraine have a continued pattern of mild conditions and periods of rain. Crop prospects are favorable.

INDIA MONSOON ACTIVITY

Widespread monsoon rain continues to favor developing oilseeds and cotton in west-central India.

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

Follow him on Twitter @BAndersonDTN

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