Commodities Market Impact Weather

OMAHA (DTN) -- Damaging drought in Brazil and rain chances for the U.S. northern Plains are the primary weather features for the commodity market's attention Thursday.

MIXED MIDWEST PRECIPITATION

The DTN ag weather forecast calls for mixed rain prospects in the Midwest. Moderate to heavy amounts are forecast through the next seven days in the central and southern portions of the region. In contrast, very little is in store for the northern half of the region. Soil moisture and drought concern are building in this portion of the Midwest. Temperatures have a below- to much-below-normal trend indicated which is unfavorable for row crop progress.

VARIABLE SOUTHERN PLAINS RAIN

The Southern Plains has a widely variable forecast for rain during the next seven days. Most sectors have light to moderate amounts in store. However, the Texas Panhandle through western Texas has no more than very light rain anticipated.

NORTHERN PLAINS SHOWER CHANCE

In the Northern Plains, western sectors have a chance for moderate precipitation during the coming weekend. This is much needed moisture and will be closely tracked. Eastern sectors have little to no precipitation forecast. Temperatures remain well-below normal, hindering the development of summer crops.

VARIABLE DELTA CONDITIONS

The Delta has moderate showers expected this weekend into next week. The rain will cause some planting delay but will provide useful moisture for crops already planted and in early development.

STORMY SOUTHEAST FORECAST

The southeastern U.S. has moderate to heavy rain in the forecast through the coming weekend. The rain will hinder planting progress.

PRAIRIES STAY COOL AND DRY

In the Canadian Prairies, temperatures below normal and dry conditions continue to keep planting slow. Showers for soil moisture benefit are confined to the southwest sector in the forecast.

CONTINUED BRAZIL DROUGHT

In central Brazil, more hot and dry conditions are on tap for central crop areas. Corn production prospects continue to be reduced.

LIGHT SHOWERS IN ARGENTINA

Argentina has mainly light rain in store through the next seven days. This lighter precipitation will favor row crop harvest.

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

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