Commodities Market Impact Weather

OMAHA (DTN) -- A rainy pattern for the central United States and favorable rain for the southern Brazil crop areas are the key weather items for the commodity trade's attention Friday.

ADDITIONAL MIDWEST RAIN

The DTN ag weather forecast calls for additional rain across the Midwest during the holiday weekend and the final week of May. Some ponding out and localized flooding may occur; however, for most areas, the rain will offer beneficial crop moisture.

RAIN CROSSES SOUTHERN PLAINS

Periods of rain are indicated across the Southern Plains through the weekend and the last week of the month. Rainfall is favorable for wheat. Some severe storm damage is also possible, notably in western sectors.

CONSISTENT NORTHERN PLAINS RAIN

Northern Plains crop areas have multiple rounds of rain indicated through the seven-day period. The rain will keep soils saturated in many fields in the eastern sector of the region. Prevented planting is likely. Western areas will have some benefit from recent drier conditions.

WEEKEND DELTA SHOWERS

The Delta has an active shower and thunderstorm period in the forecast, over the next 10 days. Moisture will generally be favorable for crops.

SOUTHEAST RAIN PROSPECT

Southeastern U.S. crop areas have showers and thunderstorms indicated in the five-day forecast. This would be important moisture due to recent dryness and crop stress in the region.

SHOWERS FOR PRAIRIES

In the Canadian Prairies, additional rain is indicated through the next week. Seeding has good progress in the major crop areas except for northern Alberta, where there are still crops unharvested due to wet and cold conditions at the end of the 2019 crop year.

PROMISING RAIN FOR BLACK SEA REGION

Across Russia and Ukraine, moderate to heavy rain is in store through the next week. Indicated coverage is more extensive in southern Russia. The rain will stabilize wheat crop prospects after some reduction in the harvest prospect due to dryness earlier in the season.

MINIMAL WESTERN EUROPE RAIN

In Western Europe, rain will be very light over the next week. Dryness is leading to declines in wheat production.

SOUTHERN BRAZIL RAIN

Across Brazil, southern crop areas have moderate to heavy rain in store through the next week. The rain is beneficial for winter corn in Parana and Mato Grosso do Sul. Lighter amounts are indicated in Mato Grosso and Goias; however, mild weather has limited crop stress from the drier trend.

LIGHT ARGENTINA RAIN

Argentina crop areas have light rain in store through the next week. The drier trend will be favorable for corn and soybean harvest progress and for continued wheat planting.

BENEFICIAL AUSTRALIA MOISTURE

Australia wheat areas continue with adequate moisture for wheat seeding and early crop development. Western Australia areas could use some additional precipitation.

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

Follow him on Twitter @BAndersonDTN

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