Commodities Market Impact Weather
Minimal Brazil Rain Benefit
OMAHA (DTN) -- Rain bringing only limited benefit to Brazil crop areas and the impact of the worst drought in 30 years in the Black Sea region are the key weather items for the commodity trade's attention Wednesday.
DRIER MIDWEST PATTERN AHEAD
The DTN ag weather forecast calls for a drier pattern in the Midwest through the end of the week. This drier trend will allow progress in the final stage of corn harvest. Light rain moves into the region during the weekend.
MAINLY DRY IN SOUTHERN PLAINS
A dry pattern is in effect for the Southern Plains through the rest of the week. Light rain is indicated for the eastern sector in the coming weekend. Western sectors continue to have soil moisture deficits.
LIGHT SNOW FOR NORTHERN PLAINS
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Northern Plains areas will see periods of light snow crossing the region through the next five days. Temperatures will be seasonal for this time of year. No adverse conditions for transport or livestock are indicated.
ETA RAIN FOR SOUTHEAST
Developing Hurricane Eta will be a rainmaker for the Southeast during late week. Delta areas will be outside the primary rainfall area.
MINIMAL BRAZIL RAIN BENEFIT
Brazil crop areas have periods of showers and thunderstorms in store through the next week. The rain will offer some soil moisture benefit. However, the overall rain totals will be below average. Dryness concerns are high in Brazil and will likely remain so even with this period of rain.
SCATTERED ARGENTINA SHOWERS
Argentina crop areas have periods of rain forecast through the rest of the week. This prospect will be watched closely for soil moisture improvement.
LIGHT RUSSIA RAIN
Russia wheat areas have light rain in the forecast through the next seven days. Wheat in the Black Sea region is still likely to go into the dormant phase for winter with soil moisture deficits.
LIGHT AUSTRALIA SHOWERS
Light showers are indicated for all Australia wheat areas through the next seven days. The rain will offer useful summer crop moisture while causing only slight disruption to wheat harvest. The Australia wheat crop is expected to be more than 80% larger than the drought-reduced crop of 2019-20.
Bryce Anderson can be reached at bryce.anderson@dtn.com
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