Commodities Market Impact Weather

MINNEAPOLIS (DTN) -- Several storm systems set to move through the country and favorable planting conditions in Brazil are the weather factors holding the market's attention Thursday.

SCATTERED SHOWERS IN MIDWEST

Showers will continue to drift north through the Midwest over the next couple days. They will be scattered and cause some delays to the corn and soybean harvest, but only in a few spots. A series of systems will move through this weekend into early 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 have benefited harvest, while drier winter wheat areas have suffered 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 days. A series of systems look to move through late Friday through 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.

DELTA DRYING OUT

Scattered showers will remain in the Delta Thursday over the north before it turns dry for the weekend and into next week. Recent 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, especially in Alabama. Drier weather will follow through next week, helping drain soils and crops.

COOL, DRY IN THE BLACK SEA

Dry and cool conditions have been the norm in the Black Sea region over the last week. This favors fall harvest but is stressing drier sections of both Ukraine and western Russia for winter grain establishment. Rain is out of the forecast until early next week as a low in the Mediterranean moves through Ukraine. Western Russia does not have a good chance for showers here and time is running out before colder temperatures settle in for the year.

FAVORABLE PLANTING CONDITONS FOR BRAZIL

Scattered, heavier showers continue over southern Brazil while isolated, lighter showers fall across central areas. A couple of fronts moving through may increase shower activity 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 are keeping corn and soybean planting at a slow place. 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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