Commodities Market Impact Weather

Wetter Midwest Pattern

Bryce Anderson
By  Bryce Anderson , DTN Senior Ag Meteorologist
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OMAHA (DTN) -- Wetter and colder conditions for the central United States and limited precipitation in the Southern Plains and Russia wheat regions are the key weather items for the commodity trade's attention Monday.

WETTER AND COOLER MIDWEST

The DTN ag weather forecast calls for moderate to heavy rain and some snow in the Midwest during this week. This combination will cause harvest disruption. Harvest is running well-ahead of average but will have more difficulty maintaining that pace with this week's conditions.

MINIMAL SOUTHERN PLAINS MOISTURE

Southern Plains crop areas have very little precipitation in the forecast through the next five days. This trend is unfavorable for winter wheat. The wheat is likely to go into dormancy under drought conditions.

SNOW AND COLDER IN NORTHERN PLAINS

Northern Plains areas have a colder pattern with periods of snow. Moderate to locally heavy snow amounts are indicated. Harvest delays are likely due to heavier snow than indicated in previous forecast iterations.

DRY DELTA PATTERN

Dry conditions continue in the Delta and Southeast through the week. Harvest progress will be favored. Crop damage and quality decline is noted because of hurricane impact in the last six weeks.

PROMISING BRAZIL RAIN FORECAST

Moderate to heavy rain is forecast for central Brazil during this week. This forecast points to the beginning of the rainy season. The onset of rainy conditions is occurring from two to three weeks later than the 30-year average.

CONTINUED ARGENTINA RAIN PROSPECT

Central Argentina continues with favorable chances for moderate rain over the next week. This will be favorable for row crop soil moisture ahead of planting.

LIGHT RUSSIA RAIN

Russia wheat areas have light to moderate rain in the forecast this week. This is the heaviest rain total indicated so far this crop season. Crop benefit is expected to be minimal. Since August, South Russia has had its lowest rainfall total in the past 30 years.

LIGHT AUSTRALIA SHOWERS

Eastern Australia wheat areas have light rain ahead during the coming week. The rain will be favorable for wheat moisture. This year's wheat crop is expected to be the largest in the past three seasons.

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

Follow him on Twitter @BAndersonDTN

Bryce Anderson

Bryce Anderson
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