Commodities Market Impact Weather

OMAHA (DTN) -- Prospects for large yields in the Midwest and rain beginning in Western Australia wheat areas are the key weather items for the commodity trade's attention Tuesday.

HIGH MIDWEST YIELD PROSPECTS

The DTN ag weather forecast calls for scattered showers in portions of the eastern Midwest Tuesday. The balance of the week features scattered rain across the region along with seasonal to below normal temperatures. Outside of the few drier spots, corn and soybean crops have prospects for large yields at harvest. Eastern Midwest crops have seen substantial improvement in conditions following two weeks with moderate to heavy rain.

MILD SOUTHERN PLAINS CONDITIONS

Southern Plains areas continue with below to well below normal temperatures during the next few days. Mild temperatures following recent rain are beneficial for filling row crops. Conditions will warm back above normal by this weekend and continue into or through next week with isolated showers.

BENEFICIAL NORTHERN PLAINS PATTERN

Northern Plains crop areas have a mainly dry and mild pattern through the next three days. Conditions are favorable for spring wheat harvest and row crop filling. Light to moderate rain is indicated in the five-day period.

MIXED DELTA AND SOUTHEAST RAIN

Delta and Southeast crop areas will see variable rainfall during the coming week. Delta areas will have isolated to scattered activity. Southeast areas have more frequent rain potential.

LATE-WEEK PRAIRIES RAIN FORECAST

In the Canadian Prairies, two weather systems will bring scattered showers to the region this week. Rainfall looks to bypass the southwestern areas, which will bring some dryness stress potential to crops.

VARIABLE BLACK SEA RAIN

In the Black Sea region, western areas have periods of moderate rainfall indicated in the forecast. Eastern Ukraine through southern Russia remain mostly dry.

CONTINUED WESTERN EUROPE DRYNESS

Europe crop areas continue to have widely variable rainfall. Eastern Europe saw rain during the past weekend. However, southern France and Spain are still dry with concern over row crop moisture.

USEFUL BRAZIL HARVEST PATTERN

Across Brazil, dry conditions continue to favor the later stages of safrinha corn harvest. Meanwhile, conditions remain favorable for developing wheat in the south.

STILL DRY IN ARGENTINA

In central Argentina, continue to be dry. Very little additional rain is indicated during the coming week. Wheat acreage has been reduced due to dryness.

WESTERN AUSTRALIA SHOWERS

Showers are indicated in portions of Western Australia wheat areas. Rain remains in the forecast for both western and eastern wheat areas through the balance of the week. This would be useful moisture for wheat.

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

Follow Bryce Anderson on Twitter @BAndersonDTN

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