Commodities Market Impact Weather

Bryce Anderson
By  Bryce Anderson , DTN Senior Ag Meteorologist
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OMAHA (DTN) -- Favorable rain over recently dry areas of the Midwest, and a cool 10-day forecast, are the key weather items for the commodity trade's attention Tuesday.

MIDWEST THUNDERSTORMS

The DTN ag weather forecast calls for improvement in Midwest crop moisture conditions as a result of shower and thunderstorm activity during the next three days. Moderate-to-heavy rain has already formed Tuesday in Iowa and Illinois. The rain is useful for late-developing crops, with corn in the filling phase and soybeans still setting pods along with the pod-filling phase. Temperatures turn much cooler at the end of this week, keeping crop development delayed.

COOLER FOR NORTHERN PLAINS

The Northern Plains will have cool temperatures during the next week to 10 days. Crop conditions are generally favorable, with adequate moisture. However, progress is much delayed. The behind-schedule spring wheat harvest may slow further this week due to periods of showers.

DELAYED PRAIRIES PROGRESS

Canadian Prairies crop areas will see variable temperatures this week, with cool and warm mornings. No significant cold weather is expected. However, normal low temperatures are in the mid-40s Fahrenheit; thus, it would not take much coolness to force temperatures to frost-level categories.

SOUTHEAST EUROPE HEAT

Across Europe, recent rain and cooler temperatures ease stress to soybeans and sunflowers. Southeast Europe saw hot temperatures last week before cooling late in the week. This area may see somewhat hotter temperatures again this week. Hotter conditions may be stressful to late-filling crops.

COOLER BLACK SEA PATTERN

In the Black Sea region, Russia and Ukraine continue with a cooler temperature pattern this 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 is in need of 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.

POSSIBLE EASTERN AUSTRALIA FROST

In eastern Australia, temperatures continue at below or well below normal today through Thursday before moderating. Frost may have occurred Tuesday morning. There are additional chances for frost Wednesday and Thursday mornings as well. Any wheat that has reached flowering stages may be at risk of damage if readings fall to 32 F or below.

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

Follow Bryce Anderson on Twitter @BAndersonDTN

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Bryce Anderson

Bryce Anderson
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