Commodities Market Impact Weather

OMAHA (DTN) -- Rain bypassing the Eastern Midwest and hot and dry conditions for the Southern Plains wheat harvest are the key weather items for the commodity trade's attention Thursday.

LIGHT EASTERN MIDWEST RAIN

The DTN ag weather forecast calls for scattered showers will continue over the southwestern portions of the region Thursday, with some concern over dryness building into portions of the east, mainly northern Indiana, Michigan, and Ohio. Only periods of isolated showers are likely after Thursday, with scattered activity remaining off to the north into next week and areas that have been missed could see further stress developing.

DRY IN SOUTHERN PLAINS

In the Southern Plains, widely scattered showers and mainly hot weather will favor wheat harvest during the next several days. The heat will be stressful to row crops with continued heavy irrigation demand. High Plains cotton areas remain dry and hot with subpar crop condition.

MORE NORTHERN PLAINS RAIN

In the Northern Plains, recent moderate to heavy rain has improved soil moisture; some flooding also was noted. Additional thunderstorms and rain are in store through the weekend.

SHOWERS FOR DELTA

Delta and Southeast crop areas will have periods of showers and thunderstorms through the week. These occurrences will maintain favorable crop prospects.

PRAIRIES RAIN TO CONTINUE

In the Canadian Prairies, several more storms will move across the region through next week with more isolated showers. Overall, any areas that were concerned over soil moisture have improved while soggy soils in Alberta continue. Coolness will also slow growth in the West through much of this week.

HOT AND DRY FOR RUSSIA

In the Black Sea region, a few storm systems may graze the western crop areas during the weekend. Eastern areas will be drier with a heat wave through much of next week. Conditions look fair to good in the west and fair to poor in the east. Harvest conditions for winter wheat are much better for the next couple of days.

SHOWERS ACROSS EUROPE

In Europe, rain will cross most crop areas through the rest of the week. Showers may linger in the southeast during the weekend, where dryness would be more welcome for dry down and harvest of winter wheat. Overall, conditions are favorable for most of the summer crops.

FAVORABLE CENTRAL BRAZIL HARVEST PATTERN

Central Brazil crop areas continue with dry conditions forecast through the week. This drier trend is favorable for additional safrinha corn harvest progress.

LIMITED CENTRAL ARGENTINA RAIN

In Argentina, concern over soil moisture deficits for the interior central and southern growing areas continues through the weekend. Another couple of cold nights are forecast this week across the south as well.

DRIER IN EASTERN AUSTRALIA

Across Australia wheat areas, Western Australia has periods of rain ahead through the end of the week. Eastern wheat areas will be drier. Soil moisture will decline in New South Wales, Queensland and Victoria.

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

Follow him on Twitter @BAndersonDTN

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