Commodities Market Impact Weather

MINNEAPOLIS (DTN) -- Continued dryness in the southwestern Plains, dryness in Argentina and southern Brazil, and yet more showers in eastern Australia are the weather factors holding the market's attention Wednesday.

ACTIVE WEATHER FOR MIDWEST

Several systems will move through the Midwest during the next week, bringing chances for showers, and snow mostly across the north and east. Amounts look to be light with each system, except for one toward the middle of next week, which could be more moderate.

SOUTHWESTERN PLAINS SKIPPING THE SHOWERS

Some isolated showers will be possible in southeastern areas of the Plains Friday night into Saturday. Another system will bring a slight chance for showers toward the middle of next week as well, but the southwestern areas are getting passed over. The dryness continues to build drought and reduce conditions for winter wheat.

LIMITED SHOWERS FOR PACIFIC NORTHWEST

A couple of systems will move through the Pacific Northwest this week, but only light precipitation is anticipated as heavier amounts stay north in British Columbia. The best chance for showers comes next Monday. Temperatures should remain mostly above normal and drought stress will continue for winter wheat.

SHOWERS TOO LATE FOR BLACK SEA WHEAT

Scattered showers have gone through the Black Sea region during the last several days, but it is mostly too late as wheat is going dormant for the winter. Soils can still soak up moisture since they are not frozen yet, so any precipitation will still be beneficial, just not until the spring.

SOUTHERN BRAZIL DRYNESS CONCERNS

Outside of a few showers possibly this weekend, southern Brazil will be dry, which will be unfavorable for developing corn and soybeans. Central states continue to have favorable weather for developing to reproductive corn and soybeans.

LIMITED SHOWERS FOR ARGENTINA

Dry weather continues in Argentina on Wednesday, but another system will move through late this week and weekend with more scattered showers. Southern and western areas stand the best chance to see showers with this system. Dry weather follows this system through next week. The overall drier pattern will deplete soil moisture that has built up during November, increasing stress for developing corn and soybeans.

SHOWERS SLOW HARVEST IN EASTERN AUSTRALIA

Scattered showers continued across eastern Australia this weekend and early this week, continuing to cause concern for winter wheat and canola harvest and quality. Showers are becoming more isolated, but will stick around through the weekend and possibly next week as well.

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Get a full rundown on the 2022 outlook for weather affecting U.S. and international crop areas during the DTN Ag Summit, Dec. 5-7, in Chicago. Visit www.dtn.com/agsummit for more details about the summit and to register.

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

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