Commodities Market Impact Weather

MINNEAPOLIS (DTN) -- Showers will continue across the Corn Belt in a couple of waves this week, with coverage and intensity favoring the Eastern Corn Belt yet again. And dryness and expanding heat for the Canadian Prairies and Black Sea regions are the primary weather concerns holding the market's attention Monday.

MORE STORMS IN MIDWEST

Widespread showers and thunderstorms moved across the southern Midwest this weekend, with some flooding across southern Iowa and the Mid-Mississippi Valley. Severe weather also occurred across the southwest, causing some crop damage. Rainfall was limited across Minnesota, northern Iowa, and Wisconsin, the areas that continue to need significant moisture as crops go into reproduction. More rain will continue this week as one storm departs and another moves through.

OCCASIONAL SOUTHERN PLAINS SHOWERS

Scattered showers and thunderstorms and severe weather moved through the Southern Plains during the weekend. Storms Friday night in Nebraska and Kansas may have caused widespread crop damage. A system will bring scattered shower chances mostly to northern areas Tuesday through Friday and could stay active across eastern areas over the weekend, which would benefit developing to reproductive corn and soybeans outside of further severe risks.

LIMITED RELIEF IN NORTHERN PLAINS

Some scattered showers fell in eastern South Dakota this weekend, and there were some isolated showers across the west as well, but many areas of the Northern Plains remained unfavorably dry. A system will move through Tuesday and Wednesday with scattered showers, but some areas are likely to be missed by the system. Isolated showers may follow through the weekend before heat builds back into the region next week. Showers are unlikely to have a large impact on developing to reproductive corn and soybeans, but may offer some stabilizing benefit.

PERIODS OF DELTA SHOWERS

Scattered showers moved through the Delta during the weekend, benefiting developing to reproductive cotton and soybeans. Scattered showers continue through Tuesday, then again as a front sags into the area this weekend into next week.

DAILY SOUTHEAST SHOWERS

Scattered showers and thunderstorms in the Southeast continue to produce favorable conditions for developing to reproductive cotton for the next week.

HOT AND DRY IN CANADIAN PRAIRIES

Some isolated showers moved through the Canadian Prairies this weekend, but amounts were fairly light as crop conditions continue to deteriorate. After a break for a couple days, heat will build back into the region in the middle of the week and continue into next week, accelerating crop growth even further. There will be some showers that move through, but many areas are likely to miss out, creating more stress.

SOUTHERN BRAZIL RAIN LATE THIS WEEK

Dry weather continued over Brazil this weekend, further stressing filling corn. Winter wheat has fared better but could use more rainfall. A front will bring showers to southern areas late this week and weekend, which could offer limited benefit to corn that is still further behind developmentally.

BLACK SEA HEAT AND DRYNESS

Some isolated showers moved through Ukraine and western Russia this weekend, but most areas were dry while temperatures rose well-above normal. Some isolated showers will move through Ukraine during the next two days, but the overall hot and dry forecast is expected through the coming weekend. This could cause stress for some of the locally drier areas of the region, though many still have plenty of soil moisture to cope with the heat. The Volga Valley region of Russia will likely have the hardest time dealing with the heat.

John Baranick can be reached at john.baranick@dtn.com

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