Commodities Market Impact Weather

OMAHA (DTN) -- More dryness in the Midwest and a possible freeze in southern Brazil are the key weather items for the commodity trade's attention Tuesday.

MORE MIDWEST DRYNESS

The DTN ag weather forecast calls for only light precipitation over the Midwest during the next week. This is unfavorable for filling row crops. Seasonal to below normal temperatures will ease dryness impact somewhat. Rain chances increase in the 10- to 14-day time frame; however, amounts are variable.

LIMITED SOUTHERN PLAINS RAIN

Very little rain is in store for the Southern Plains over the next week. The drier trend along with very warm weather will be unfavorable for summer crops that need late-season moisture. There are also questions about the soil moisture supply ahead of winter wheat planting.

MAINLY DRY IN NORTHERN PLAINS

Northern Plains crop areas have a mainly dry pattern in the forecast through the balance of the week. Temperatures will generally be above normal. This warm and dry pattern is favorable for spring wheat and small grains harvest. However, dryness is leading to a loss of pasture for late-summer livestock grazing. Grasshopper damage is increasing in western sectors as well.

DRY DELTA FORECAST

In the Delta and Southeast, the Delta will have very little rain during the coming week. Southeast areas have a better chance for precipitation.

VARIABLE PRAIRIES RAIN

Canadian Prairies rainfall will be variable in the next seven days. Northern areas have moderate amounts in store. Southern sectors have mainly light amounts. There is no significant easing of dryness in the southern sector, particularly in southern Saskatchewan.

BRAZIL FREEZE THREAT

Southern Brazil has a high prospect for low temperatures in the next five days. This includes the prospect of a freeze event. Such a colder pattern would be unfavorable for wheat and for recently planted corn.

COLD PATTERN IN ARGENTINA

Argentina wheat areas have a cold pattern forecast through the next week. This will bring a freeze chance and continued stress on wheat which is already struggling due to below normal crop moisture.

SHOWERS TO CROSS EUROPE

Across Europe, two storm systems will continue to produce showers over the course of the week, continuing the mostly favorable conditions for filling crops. Spain and Italy could use more precipitation as it continues to be drier in these areas.

WESTERN UKRAINE SHOWERS

In the Black Sea region, western Ukraine has light to moderate rain forecast through the end of the week. Other sectors will be dry or with only light rainfall. Drier areas will have favorable wheat harvest conditions.

MIXED AUSTRALIA RAIN

Across Australia, wheat areas in Western Australia, New South Wales and Victoria have light to moderate rain in the five-day forecast. Other crop areas will have limited activity.

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

Follow him on Twitter @BAndersonDTN

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