Commodities Market Impact Weather

OMAHA (DTN) -- Prospects for continued heavy Midwest and Delta precipitation, and variable conditions in South America, are the key weather items for the commodity trade's attention Thursday.

MORE MIDWEST PRECIPITATION

The DTN ag weather forecast calls for the eastern Midwest to remain saturated on soil moisture due to moderate to heavy rain and snow through the balance of the week. Another system could bring heavy rainfall and some snow early next week with another possible late next week. Western Midwest areas have a drier and warmer forecast, offering some easing of wet soil conditions.

IMPROVED SOUTHERN PLAINS MOISTURE

In the Southern Plains, recent rain and snow brought improvement to soil moisture supplies. Another system could bring rainfall and some snow early through the middle of next week. Lower temperatures in place will rise to above normal by the weekend.

NORTHERN PLAINS SNOW MELT

In the Northern Plains, a drier pattern with mild temperatures over the next week will offer some melting in areas with heavy snow cover. Temperatures during the five-day period will be much above normal, enhancing the snow melt prospects. Moderate to heavy snow may return to western portions of the region in the middle of next week as a system slides down the Rockies.

MORE HEAVY DELTA RAIN

Drier conditions are expected through the weekend. However, at least one, and possibly two, storm systems in the next week threaten to bring another round of heavy rainfall with flood potential. Spring fieldwork has a slow start ahead with this consistently wet pattern.

FAVORABLE CONDITIONS IN SOUTHERN BRAZIL

Over the south, conditions are favorable for filling soybeans. Farther to the north, scattered showers and thunderstorms continue over the major growing areas, providing plenty of moisture for newly planted cotton and safrinha (second-crop) corn. Showers may be persistent enough to cause some harvest delays to soybeans. Areas off to the northeast continue to be left out of the rainfall and crop damage has likely occurred.

MOSTLY DRY IN ARGENTINA

Mostly dry conditions with temperatures increasing this weekend into next week. Overall, conditions are favorable for filling corn and soybeans in the short-term, but showers will start to become necessary as soils dry next week.

ABOVE-NORMAL TEMPERATURES IN BLACK SEA REGION

Above-normal temperatures continue for the next 10 days. Soil moisture is still below normal in many areas of Ukraine, but there do appear to be several chances for meaningful precipitation in these areas in the forecast.

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

Follow him on Twitter @BAndersonDTN

(CZ)

Copyright 2020 DTN/The Progressive Farmer. All rights reserved.