Commodities Market Impact Weather
Variable Midwest Rain
OMAHA (DTN) -- Beneficial rain in some areas of the Midwest, and continued delayed crop development, are the key weather items for the commodity trade's attention Monday.
WEEKEND MIDWEST RAIN
The DTN ag weather forecast calls for Midwest crops to have some improved conditions following occurrences of rain in central and eastern areas during the past weekend. Crop development remains well behind normal in many areas. An early fall freeze could do major damage to crops this year. Temperature conditions this week vary somewhat with some cool and some warm days.
STILL-SLOW NORTHERN PLAINS PROGRESS
The Northern Plains will see generally favorable conditions for developing corn and soybeans with mostly adequate moisture and no significant heat stress. Crop development remains behind normal in most areas. An early fall freeze could do significant damage. Lower temperatures this past week will slow development of crops. The temperature pattern this week will be variable with some cool and warm days.
LIMITED PRAIRIES FROST
Canadian Prairies crop areas had chilly conditions Saturday and Sunday mornings, with overnight low temperatures into the upper 30s Fahrenheit with some middle 30s F and even isolated low 30s occurring. Wind and cloud cover likely limited frost development. The temperature pattern this week will be variable with some cool and warm mornings.
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VARIABLE BLACK SEA TEMPERATURES
In the Black Sea region, Russia and Ukraine have a cooler pattern following a hot spell in the past week. This trend is more favorable for crops.
POSSIBLE AUSTRALIA COLD SNAP
In eastern Australia, wheat approaching reproduction in northern New South Wales and southern Queensland needs significant rain to prevent further declines in an already poor wheat crop. The chance for this rain to occur remains low during the next 10 days. In addition, there is at least some risk for unusual late-winter cold weather in this area next week. This will need to be watched as flowering wheat could be hurt if temperatures fall to 32 F.
CONTINUED INDIA MONSOON RAIN
Widespread monsoon rain continues to favor developing oilseeds and cotton in west-central India.
DRY AND COLD IN EASTERN AUSTRALIA
In eastern Australia, wheat approaching reproduction has very little rain indicated over the next week. Crop prospects have been lowered because of dryness. There is also a risk for freezing conditions. The cold snap could be damaging to flowering wheat.
Bryce Anderson can be reached at bryce.anderson@dtn.com
Follow him on Twitter @BAndersonDTN
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