Commodities Market Impact Weather
Mixed Midwest Rain
OMAHA (DTN) -- A mixed Midwest rain pattern and favorable wheat harvest conditions for the southern Plains are the key weather items for the commodity trade's attention Monday.
VARIABLE MIDWEST RAIN
The DTN ag weather forecast calls for variable Midwest rain during the coming week. Portions of the northern, central and southern sectors have moderate to locally heavy amounts in store. Western and eastern portions will be limited to no precipitation. The drier trend may be stressful for pollinating corn and blooming soybeans.
HOT FOR PLAINS HARVEST
In the Southern Plains, widely scattered showers and mainly hot conditions will favor wheat harvest during the next several days.
NORTHERN PLAINS STORMS AND HEAT
In the Northern Plains, storms with moderate to locally heavy rain are in store during the next several days. Ahead of the storms, stressful heat will be noted.
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SCATTERED DELTA SHOWERS
Delta and Southeast crop areas will have periods of shower and thunderstorm activity through the week. These occurrences will maintain favorable crop prospects.
PRAIRIES RAIN
Moderate to heavy rain covered most of the Canadian Prairies during the past weekend. More rain is in store during the coming week. Soil moisture has improved in much of the region.
SCATTERED BLACK SEA RAIN
In the Black Sea region, showers are expected during the week ahead, offering moisture prospects for filling wheat and developing row crops.
SCATTERED EUROPE RAINFALL
In Europe, showers crossed western areas during the weekend. Rains move into eastern areas through the coming week. Crop conditions are generally favorable.
FAVORABLE DRY CENTRAL BRAZIL HARVEST PATTERN
Central Brazil crop areas have mainly dry conditions forecast through the week. This drier trend will be favorable for additional safrinha corn harvest progress. Moderate to heavy rain occurred in southern crop areas during the past weekend, benefiting winter wheat but disrupting harvest.
LIGHT ARGENTINA RAIN
Argentina crop areas had mainly light rain over the past weekend. Moisture remains short in primary wheat areas. Some scattered frost also occurred, with additional scattered frost prospects ahead during the first half of this week.
Bryce Anderson can be reached at bryce.anderson@dtn.com
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