Commodities Market Impact Weather
Dry Concerns Return
OMAHA (DTN) -- The end of moisture in drought areas of the United States and limited precipitation for corn areas of Brazil are the primary weather features for the commodity market's attention Wednesday.
MIDWEST SHOWERS AND CHILLS
The DTN ag weather forecast calls for showers across the Midwest through Thursday. Additional shower chances are in store during the weekend followed by a drier trend. Lower temperatures moving into the region this week will slow growth on winter wheat and could cause some frost issues all the way through next week for producers who planted row crops early across the north.
SHOWERS AND COLD IN SOUTHERN PLAINS
In the Southern Plains, widespread showers are expected during the end of the week, which includes some snow. This will benefit all areas. Cold air that precedes and follows this system could bring some frost damage to the far western areas along with slowing winter wheat growth. The colder pattern will also delay thoughts of planting with a freeze risk going through the weekend and next week.
DRYNESS RETURNS TO NORTHERN PLAINS
Northern Plains drought had only slight easing from recent snow and rain. Colder air spreads over the region during the balance of the week to slow down the planting pace. Precipitation later in the week will focus in the southern portion of the region.
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VARIABLE DELTA RAINFALL
Periods of rain will continue in the Delta through the balance of the week. Amounts will be variable, allowing some resumption of fieldwork and planting.
ONGOING PRAIRIES DRYNESS
In the Canadian Prairies, recent snowfall brought only slight easing of drought conditions. Precipitation will offer moisture for crop germination after seeding, but dryness is expected to continue into May.
SCATTERED BRAZIL RAIN
Central Brazil crop areas have light to moderate rain forecast during the balance of the week. Southern areas will have no more than light rainfall along with above- to much-above-normal temperatures. Yield prospects for the winter corn crop are uncertain because of these conditions.
LIGHT ARGENTINA SHOWERS
Argentina's pattern has turned drier to favor harvest progress. Showers return with light to moderate amounts later in the week.
EUROPE COLD
After a brief warmup this past weekend, lower temperatures are filtering back into Europe, causing some frost damage concerns for winter wheat and rapeseed.
FAVORABLE BLACK SEA TREND
Scattered showers continue in the Black Sea region this week, bringing favorable soil moisture for greening and developing winter wheat in Russia and Ukraine.
Bryce Anderson can be reached at bryce.anderson@dtn.com
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