Commodities Market Impact Weather

OMAHA (DTN) -- Mainly dry conditions over the Midwest and no more than light rain for central Brazil are the key weather items for the commodity trade's attention Wednesday.

VARIABLE MIDWEST 10-DAY PATTERN

The DTN ag weather forecast calls for the Midwest to remain dry for the rest of the week, benefiting harvest. A system this weekend will spread showers across the region. Another system right behind it early next week may bring moderate rainfall but also rapidly falling temperatures.

SOUTHEAST PLAINS RAIN

Showers continue over the southeastern corner of the Plains Wednesday, with drier conditions expected elsewhere. Drier weather will benefit corn harvest and winter wheat planting activities, while showers in the southeast will maintain beneficial soil moisture for early germination of wheat.

FAVORABLE IN NORTHERN PLAINS

In the Northern Plains, mostly dry conditions this week will benefit remaining spring wheat as well as early corn harvests. Showers in North Dakota on Wednesday may delay harvest in spots.

DELTA AND SOUTHEAST RAIN

In the Delta and Southeast, moderate to heavy rain due to former Tropical Storm Beta continues through the next few days. Heavy amounts of rain will disrupt harvest and may damage crops, notably open-boll cotton. Flooding is likely.

LIMITED CENTRAL BRAZIL RAIN

Across Brazil, central region crop areas have scattered showers forecast through the next five days. Rainfall amounts are still indicated to be light and less than needed to initiate soybean planting. Recent showers have benefited corn planting and reproductive to filling wheat in the south. Heavy rain returns to southern areas this weekend.

ARGENTINA RAIN PROSPECTS

Recent showers over northern Argentina crop areas have boosted soil moisture for developing wheat. Drought still remains across much of the central and southern portions of the country. Moderate to heavy rain is expected Thursday night through the weekend, boosting soil moisture for many areas in the central and south.

MOSTLY DRY FOR PRAIRIES HARVEST

The Canadian Prairies will have mostly dry conditions, favoring the continued harvest. Light rain crosses southern areas during the next two days.

STORMY EUROPE FORECAST

Europe crop area continue with a forecast for moderate to heavy rainfall during the seven-day period. Rain will offer a recharge to soil moisture for winter grains planting and germination. Areas still waiting to harvest will find poor conditions, however.

INCREASED RUSSIA RAIN CHANCE

Russia and Ukraine wheat areas have very little rain forecast in the next few days. Dry soils are concerning for winter wheat planting. The pattern shows more promise for moderate rainfall in Ukraine and light to locally moderate activity in Russia during the seven-day time frame.

ADDITIONAL AUSTRALIA SHOWERS

Periods of scattered showers continue over southeast Australia over the next several days, helping to boost moisture for developing to reproductive wheat and rapeseed. Queensland is still behind in rainfall and could use additional moisture.

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

Follow him on Twitter @BAndersonDTN

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