Commodities Market Impact Weather

MINNEAPOLIS (DTN) -- Storm systems starting to bring more rain east of the Rockies and favorable planting conditions in Brazil are the weather factors holding the market's attention Wednesday.

SCATTERED SHOWERS IN MIDWEST

Showers will move north through the Midwest during the next few days. They will be scattered and cause some harvest delays for corn and soybeans, but only in a few spots. A series of systems will move through this weekend into next week that will bring more scattered showers to the region. Soil moisture should increase for winter wheat.

SHOWERS FORECAST FOR SOUTHERN PLAINS

Dryness and above-normal temperatures in the Southern Plains this week will benefit harvest while drier winter wheat areas will suffer that did not receive showers last week. A series of systems will move through this weekend into next week and should bring more scattered showers to the region, which would benefit winter wheat again.

SHOWERS RETURNING TO NORTHERN PLAINS

Dryness and good harvest conditions have returned to the Northern Plains for the next couple of days. A series of systems looks to move through late this week into next week, which will bring chances for scattered showers back into the region, especially with a strong storm system in the middle of next week.

ISOLATED SHOWERS IMPACTING DELTA HARVEST

Scattered showers will remain in the Delta through Thursday, especially over the north before it turns dry for the weekend and into next week. Recent and forecast showers are good for winter wheat, but have caused some delays for cotton and soybean harvest.

SCATTERED SHOWERS FOR SOUTHEAST DISRUPTING COTTON HARVEST

Scattered showers will continue in the Southeast through Friday, causing some harvest delays and quality issues for cotton, especially in Alabama. Drier weather will follow through next week, helping to drain soils and crops.

COOL AND DRY IN THE BLACK SEA

Dry and cool conditions have been the norm over the last week in the Black Sea region. This favors fall harvest but is stressing drier sections of both Ukraine and western Russia for winter grain establishment. Rain seems out of the forecast until at least the middle of next week.

FAVORABLE PLANTING CONDITONS FOR BRAZIL

Scattered, heavier showers continue over southern Brazil while isolated, lighter showers fall across central areas for the next week. A couple of fronts moving through may increase showers over central areas, favoring planting of full-season corn and soybeans. Reproductive to filling winter wheat continues to have mostly favorable conditions as well.

DRYNESS CONCERNS FOR ARGENTINA

Relatively dry conditions in Argentina this week is keeping corn and soybean planting slow. Winter wheat areas continue to have mostly favorable conditions, however. Some showers will move through late this week and weekend but look to be light while another system moves through in the middle of next week with scattered showers.

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

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