Commodities Market Impact Weather

OMAHA (DTN) -- Favorable conditions for corn and soybean planting and emergence and continued rain chance for Europe wheat areas are the key weather items for the commodity trade's attention Monday.

EASTERN MIDWEST RAIN

The DTN ag weather forecast calls for moderate-to-locally heavy rain in eastern Midwest areas during the first half of this week. Rain will bring some interruptions in planting progress. Other sectors of the region have lighter rain and favorable conditions for planting and crop emergence.

LIGHT SOUTHERN PLAINS RAIN

The Southern Plains have a mainly dry trend through the balance of the week. Winter wheat needs additional moisture as it goes through its jointing and boot stages.

BRIEF NORTHERN PLAINS DELAYS

The Northern Plains has rain indicated during early and late week. Other days this week will be dry. Fieldwork will have some interruptions, but delays will be brief.

MODERATE RAIN FOR DELTA

The Delta had moderate rainfall during the past weekend. Another storm will move through with moderate precipitation Tuesday night into Wednesday, followed by favorable weather for fieldwork and planting for several days.

RAIN INDICATED FOR EUROPE

Central and northern Europe crop areas have a high chance for moderate-to-locally heavy rain during the coming week. This would be important moisture for wheat areas and will be closely tracked.

LIGHT BLACK SEA RAIN

Black Sea region wheat has only light rain forecast during the balance of this week. Winter grains in Russia and Ukraine need additional moisture as they go through their development and reproductive phases. Above-average temperatures add to soil drying.

LIMITED BRAZIL RAIN

Brazil crop areas have very little rain forecast through the coming week. Dryness is stressful to the safrinha (second-crop) corn crop. Dry conditions have already caused extensive soybean crop reduction relative to earlier estimates.

WET ARGENTINA PATTERN

Argentina crop areas had heavy rain during the past weekend, with harvest delays and some flooding. Additional moderate to heavy rain is indicated in the forecast during the coming week.

AUSTRALIA SHOWERS

Australia winter wheat planting will continue to increase over the course of the next two weeks. Soil moisture is adequate and will be boosted by a system bringing moderate-to-heavy rain in the east in the middle of this week.

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

Follow him on Twitter @BAndersonDTN

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