Commodities Market Impact Weather

MINNEAPOLIS (DTN) -- Scattered showers from Texas to the eastern Midwest along with mixed conditions in South America are the weather factors holding the market's attention Thursday.

SHOWERS CONTINUE FOR EASTERN MIDWEST

Scattered showers and thunderstorms moved through the western half of the Midwest on Wednesday and a front to the week's system is going to slow down and stall through Friday before a system moves along it and sweeps precipitation out of the region. More moderate rain will be possible across the southeastern half of the region until it does. Widespread moderate rain recently has caused delays for corn and soybean harvest.

SCATTERED SHOWERS FOR SOUTHERN PLAINS

A cold front has gotten stuck across the southeastern Plains where some heavy rainfall and flooding has occurred. That continues through Thursday before a system pushes the front eastward on Friday. Rainfall has been fairly good for winter wheat areas except for these areas of flooding from central Texas to southern Missouri.

QUIETER CONDITIONS FOR NORTHERN PLAINS

A strong system brought widespread moderate to heavy rainfall across the Dakotas with snow in eastern Montana, Wyoming and the far western Dakotas as well. Strong winds Wednesday eclipsed 60 miles per hour (mph) in a few spots but most areas saw wind gusts in the 35-to-45 mph range. Lower temperatures settling in will only stick around for a couple of days before higher temperatures come back into the region during the weekend. Temperatures could go back below normal in the middle of next week, but not to any great extent. It may take a while for soils to recover and allow equipment back into the fields to continue harvest.

A FEW DELTA SHOWERS

A front will bring showers to the Delta Thursday into Friday that could cause some delays in the cotton and soybean harvest, but provide good moisture for winter wheat establishment. Otherwise, conditions are mostly favorable for harvest and winter wheat establishment.

SOUTHEAST STAYING DRY

Dry weather continues in the Southeast for the next few days, favoring drying soils and harvest. Some showers will move through with a front on Saturday, but the favorable conditions will continue.

QUIETER CONDITIONS FOR BLACK SEA

A system moved through Ukraine and northwest Russia with scattered showers Wednesday, but southwestern Russia does not see much in terms of coverage or amounts where it is needed more. Only small, isolated chances for showers continue through next week. Time is running out before lower temperatures settle in for the year and wheat goes dormant.

GOOD RAINFALL FOR BRAZIL

Scattered showers continue for the next week over central Brazil and over southern Brazil through early next week, overall good for full-season corn and soybean planting and establishment. Some drier weather would actually be favorable for maturing and harvest of winter wheat, which look to come next week.

ONLY SCATTERED SHOWERS IN ARGENTINA

There remain some rather dry spots in portions of Argentina that could use more moisture for corn and soybean planting, even with scattered showers that moved through on Wednesday. Winter wheat areas are still doing alright but with soil moisture drying up here as well. A system will bring more scattered showers Thursday into Friday, but the country will go fairly dry afterward with the next best chance for rain coming at the end of next week.

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

(c) Copyright 2021 DTN, LLC. All rights reserved.