Commodities Market Impact Weather

OMAHA (DTN) -- Stressful weekend heat followed by rain prospects in the Midwest and heat damage to crops in South Russia are the key weather items for the commodity trade's attention Friday.

HEAT AND RAIN FOR MIDWESTa

The DTN ag weather forecast calls for stressful heat in much of the Midwest during Friday and Saturday. Crop stress will be noted; areas with driest conditions recently have likely seen some yield reduction. Showers and thunderstorms are expected across the north through this weekend and are forecast to migrate over the remainder of the region during the seven-day period. This will be important for stabilizing crop conditions after the hot weekend pattern.

VARIABLE SOUTHERN PLAINS MOISTURE

In the Southern Plains, showers will continue to pulse through this portion of the region through the weekend, becoming more scattered early next week as a front stalls over Nebraska and Kansas. Heat and isolated to no showers in West Texas continues to stress developing cotton.

MORE NORTHERN PLAINS RAIN

Across the Northern Plains, continued periods of moderate to heavy showers are supporting good soil moisture. This looks to continue during the next week, especially in the Dakotas, benefiting developing to reproductive crops.

ISOLATED DELTA RAIN

Delta and Southeast crop areas have isolated showers in store through the weekend and into next week. With soybeans blooming and setting pods and bolls setting on cotton, additional moisture would be most welcome as heat increases, especially over the northern-most portions of the region where soil moisture is a bit more limited.

FAVORABLE PRAIRIES CONDITIONS

Favorable conditions continue for much of the Canadian Prairies, except for central and northern Alberta where soggy soils and lower temperatures have stunted growth. Scattered showers will continue through the weekend and into next week.

STRESSFUL RUSSIA HEAT

In the Black Sea region, heat in the past week has been damaging to summer corn and sunflowers in southern Russia, where temperatures topped 100 degrees Fahrenheit for several days. With the heat gone, any periodic showers in the region would be beneficial as crops are reproducing, but will be limited to just a few chances over the next week. Prospects remain good to excellent for most of Ukraine, especially in the west.

VARIABLE SHOWERS TO CROSS EUROPE

Across Europe, favorable conditions for summer crops continue across much of the continent. More showers would benefit crops in France through Spain and Italy; otherwise, showers over central and eastern Europe through early next week will continue to have a positive effect on reproductive crops.

DRY BRAZIL HARVEST PATTERN

In central Brazil, a continued dry pattern for safrinha corn harvest is in the forecast through the next week.

POSSIBLE SHOWERS FOR ARGENTINA

In central Argentina, showers will develop over Buenos Aires this weekend, spreading further west early next week and then north mid-week, which would be greatly welcome.

BENEFICIAL AUSTRALIA SHOWERS

In Australia wheat areas, southeastern states of New South Wales and Victoria have seen notable improvement in moisture for developing wheat over the past three months. Western Australia and Queensland are still in need of additional moisture. Western Australia has light to moderate rain forecast during the next week. Queensland also has rain, but most precipitation is indicated for coastal areas.

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

Follow him on Twitter @BAndersonDTN

(c) Copyright 2020 DTN, LLC. All rights reserved.