Commodities Market Impact Weather

OMAHA (DTN) -- Rain, snow and cold for the central U.S., and very little rain ahead in Brazil soybean areas, are the key weather items for the commodity trade's attention Monday.

COLD AHEAD FOR MIDWEST

The DTN ag weather forecast calls for Midwest harvest conditions to turn very unfavorable this week. Moderate-to-heavy rain in western areas during the past weekend is unfavorable for maturing crops, leading to poor drying conditions. This week brings a high chance for a season-ending freeze in western areas, which will damage immature crops. Frost and a light freeze may also occur eastward to the Mississippi River. Snow is also possible in the northwestern sector. Meanwhile, early-week rain in the eastern Midwest is favorable for filling crops, especially in Indiana and Ohio where conditions have been dry.

COLD AND STORMY IN NORTHERN PLAINS

Northern Plains crops will have the growing season come to an end this week due to freezing conditions. In addition, moderate-to-heavy snow and very strong winds are indicated, causing travel and transportation delays along with harvest disruption and crop lodging.

IMPROVED SOUTHERN PLAINS MOISTURE

In the Southern Plains, recent rain has improved soil moisture for winter wheat, except for west-central areas. Rain, at times, may slow planting progress somewhat. Low temperatures are expected to return to the region later this week, preceded by rain or showers and thunderstorms. Northwestern areas will have colder weather, which will likely slow germination and early development of wheat and in some locations.

VERY COLD FOR PRAIRIES

A new round of cold conditions is expected over the Canadian Prairies later this week. This next cold round will end the growing season throughout the region. In addition, heavy rain and snow are indicated for southeastern areas, adding to harvest disruption.

LIMITED BRAZIL RAIN CHANCES

Across Brazil, more rain is needed to initiate widespread soybean planting. However, rainfall is not offering planting opportunities. Scattered light showers and lower temperatures reached the area Sunday. Additional showers may occur during this week; however, coverage appears to be scattered. Planting is likely to remain slow due to this minimal rainfall.

SCATTERED ARGENTINA RAIN

Central Argentina needs rain to ensure favorable germination and early growth of corn and to encourage more widespread planting. Western areas are driest. Rainfall this week is only light and scattered.

WIDESPREAD EUROPE SHOWERS

In Europe, showers remain in the 10-day forecast, which will improve soil moisture for winter grain planting. Coverage includes recently dry areas of southeastern Europe.

UKRAINE SHOWERS

Moderate-to-heavy rain occurred during the past weekend in parts of South and East Ukraine, which will improve soil moisture for prewinter growth of winter grains.

LIGHT AUSTRALIA RAIN

Western Australia wheat areas had light, scattered rain during the past weekend. Other wheat areas were dry. The next week continues to offer limited rainfall. Wheat crop reduction continues due to drought.

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

Follow him on Twitter @BAndersonDTN

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