Commodities Market Impact Weather

OMAHA (DTN)-- Mixed rain prospects across the Midwest and limited precipitation for a dry area of Russia are the key weather items for the commodity trade's attention Friday.

MIXED MIDWEST RAINFALL

The DTN ag weather forecast calls for continued moderate to heavy rain in the southern Midwest through the weekend. Some flooding is possible; however, moisture will be favorable for filling crops. Scattered showers will move through the region Saturday through Tuesday. Dry areas of Iowa and Michigan will have only limited rainfall, however.

SCATTERED SOUTHERN PLAINS RAIN

Southern Plains areas will see periods of isolated showers this weekend through next week, mainly over the west and north. Outside of any flooding, the showers are beneficial to reproductive to filling corn and cotton. Temperatures will remain below to well below normal in the region through much of next week, as well, reducing evapotranspiration demand on the filling crops.

MILD AND DRY IN NORTHERN PLAINS

Northern Plains crop areas have a mainly dry pattern through the next five days with below-normal temperatures. Conditions are favorable for spring wheat and row crops. Light showers are indicated in the five- to seven-day period.

SOUTHEAST HURRICANE MONITORING

Delta and Southeast crop areas will see shower and thunderstorm activity on at least a scattered basis through the weekend. Precipitation will be favorable for crops. Hurricane Isaias heading for the southeast coast may bring some local flooding to the Southeast.

WARM AND DRY IN PRAIRIES

Canadian Prairies crop areas have a much warmer trend through the weekend. Heat stress will be limited due to occurrences of showers to accompany the warming pattern. Overall, crop conditions are still favorable.

SCATTERED RUSSIA SHOWERS

In the Black Sea region through central Asia, dryness continues to stress crops in the Volga region of Russia. Showers will spread across eastern areas through Sunday. Any showers would be welcome for corn and sunflowers, but this may be the only rainfall for another week. Prospects are much better across the western third of the region.

MIXED EUROPE RAIN

Europe crop areas will have scattered rain over the next week. Crop conditions are generally favorable except in southern France and Spain, where drier conditions are concerning.

ONGOING BRAZIL DRY PATTERN

Across Brazil, dry conditions continue to favor harvest activities for corn and cotton in the central and north, while conditions remain favorable for developing wheat in the south.

MINIMAL ARGENTINA RAIN

In central Argentina, the weekend brings warmer temperatures but only limited rainfall. Wheat acreage has been reduced due to dryness.

DRY PERIOD FOR AUSTRALIA

Forecast maps offer little to no rainfall for eastern Australia wheat areas through the middle of next week. Rain prospects are indicated in the seven-day forecast and will bear close watching.

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

Follow him on Twitter @BAndersonDTN

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