Commodities Market Impact Weather

MINNEAPOLIS (DTN) -- Moderate to heavy rainfall forecast to move into the Western Corn Belt, and the continued heat and dryness in key areas of southwest Russia, are the weather factors holding the market's attention Wednesday.

HEAVY RAIN FOR MIDWEST

Some showers will drift northward over the eastern Midwest during the next couple of days while the west stays dry. Rain from Fred's remnants is moving through eastern Ohio where some flooding may occur. Models disagree with a system that will come through this weekend, but should bring some widespread rainfall to the region. Another two systems will follow behind it going through next week with better chances across the west. Any rainfall will benefit filling corn and soybeans, especially across the drier northwestern areas.

PERIODS OF SHOWERS IN SOUTHERN PLAINS

Scattered showers continue across Oklahoma and Texas with isolated showers in Kansas and Nebraska for the next couple of days. A frontal boundary sweeps through the region late in the week with more scattered showers across the north. The region may even stay active into next week with a couple of systems moving across the north as well. Any rainfall would be good for filling corn and soybeans.

MODERATE TO HEAVY SHOWERS AWAITING NORTHERN PLAINS

A system developing in the region may not have much precipitation with it Wednesday, but should bring scattered showers across the region on Thursday and Friday. Coverage with this system looks fairly widespread, but there will undoubtedly be some holes. Any rainfall would be good for filling corn and soybeans. There will be two more systems that follow closely behind it through early next week to provide more rainfall as well and could plug up the holes.

SCATTERED DELTA SHOWERS

Some dry spots have popped up recently and could use more moisture. Isolated to scattered showers will continue to be possible through the weekend, however, and should help those drier areas for filling cotton and soybeans.

SCATTERED SOUTHEAST SHOWERS

Tropical Storm Fred produced heavy rainfall through eastern Alabama, Georgia, and the western Carolinas earlier this week. Some flooding was noted and could have been damaging to cotton. Scattered showers will continue through the weekend with more isolated showers next week.

SCATTERED SHOWERS FOR CANADIAN PRAIRIES

A system slowly moving through the Canadian Prairies this week will bring pulses of scattered showers. It will likely not have any noticeable impact on wheat and canola, but could improve conditions for corn and soybeans in the east. More showers are expected with two more systems into the middle of next week. The rains will disrupt harvest conditions, however.

HEAT CONTINUES FOR EASTERN BLACK SEA

The Volga Valley of Russia has been hot and dry for the last few weeks with stressful conditions for spring wheat and corn. A front is moving through Ukraine during the next couple of days, but will probably lose a lot of its shower activity as it passes through Russia this weekend into early next week. Temperatures will continue to be hot in western Russia until this system moves through, as wheat and corn conditions decline.

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

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