Commodities Market Impact Weather

OMAHA (DTN) -- Rain and flood threat in the Midwest, and continued rain chances for Brazil soybean areas, are the key weather items for the commodity trade's attention Friday.

WET MIDWEST FORECAST

The DTN ag weather forecast calls for very heavy rain to develop during the next five days in the western and central Midwest. Flooding is quite likely, along with possible crop damage from rain and strong winds when thunderstorms develop. This prospect bears attention for the potential of disrupting early harvest, along with damaging crops. Conditions remain warm for the season through the end of September, with no freeze threat.

MORE NORTHERN PLAINS RAIN

In the Northern Plains, locally heavy rain in North Dakota during the next five days will further delay spring wheat harvest, along with causing quality loss. Rain may also damage row crops ahead of harvest.

SCATTERED SOUTHERN PLAINS THUNDERSTORMS

In the Southern Plains, scattered thunderstorms during this weekend and early next week will maintain and improve soil moisture through southern, eastern and some central areas.

SHOWERS AND COOL FOR PRAIRIES

In the Canadian Prairies, mild weather remains in effect through the end of September. Freeze-level temperatures are likely during early October. Rain in eastern areas will disrupt harvest during the next week.

INCREASED BRAZIL RAIN PROSPECT

Brazil's central crop areas have an improved prospect for rain during the next week. In addition, temperature are projected to moderate after a very hot first half of September. This combination will be more conducive to soybean planting.

WESTERN EUROPE RAIN

In Europe, a round of welcome rain is indicated for western and central regions during the next 10 days. This moisture will improve prospects for winter crops.

DRY IN WESTERN UKRAINE

In the Black Sea region, western and northern Ukraine have continued dryness. Soil moisture for planting and early development of winter grains continues to diminish. There is some chance that rain opportunities will improve later in the 10-day period.

MORE AUSTRALIA DRYNESS

Eastern Australia wheat areas remain dry, with lower production expected. Drought is now leading to thoughts of reduced crop size in summer crops along with the decline in wheat.

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

Follow him on Twitter @BAndersonDTN

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