Commodities Market Impact Weather

OMAHA (DTN) -- Late-arriving Midwest rain and limited follow-up moisture prospects for the Southern Plains are the primary weather features for the commodity market's attention Wednesday.

MIDWEST RAIN POTENTIAL

The DTN Ag Weather forecast calls for variable rainfall across the Midwest during the next week, with light to moderate totals in eastern sectors and no more than light amounts in western sectors. The rain will offer minimal benefit due to the adverse impact of hot and dry conditions in many areas, notably the western Midwest, earlier this summer.

LIMITED FOLLOW-UP SOUTHERN PLAINS RAINFALL

Southern Plains crop areas have a mixed rainfall forecast over the next seven days. The eastern and southern portions of the region have light to moderate amounts indicated. The western and northern sectors, however, have no more than light amounts forecast. This implies very little soil moisture available when the next winter wheat crop is seeded this fall.

SHOWERS TO CROSS NORTHERN PLAINS

Northern Plains crop areas have periods of showers in store during the balance of the week. The pattern then turns warm and dry with net drying in the region as a result.

MORE DELTA RAIN

In the Delta, additional rain is indicated over the next five days. Southern sectors have moderate amounts in store with northern areas receiving lighter totals. Showers and thunderstorms may disrupt early row-crop harvest along with causing some potential damage to cotton. Flooding threats are increasing as well with the heavy rainfall.

LATE SEASON NORTHWEST RAIN

Locally heavy rain is indicated for portions of the Northwest during the next few days. Some flooding may develop, but the rain may provide some soil moisture ahead of wheat planting along with pasture and hay benefit.

WARM AND DRY IN PRAIRIES

Above to much above normal temperatures and minimal rainfall are in store for the Canadian Prairies. Crop development will advance steadily with these conditions.

STILL DRY IN EUROPE

Extreme heat and dryness have caused widespread stress to most crop areas of Europe. In addition to crop moisture loss, drought has sapped river levels in many areas. Precipitation outlooks indicate only light showers over the next week.

ADDITIONAL BLACK SEA DRY TREND

In the Black Sea region, Ukraine and Russia will have a mainly warm and dry pattern during the coming week. This will favor the latter stage of wheat harvest but brings concern for moisture for filling row crops.

DAMAGING CHINA DROUGHT

Heat and drought are exhausting crop prospects in central China. Production of wheat and rice is especially at risk for lower totals than a year ago. Recent temperatures topped 114 degrees Fahrenheit. Conditions are so dry that weather modification and cloud seeding have been initiated to try to improve rainfall in the Yangtze River basin. Very little rain is forecast through the end of the summer growing season.

EASTERN AUSTRALIA RAIN

Moderate to locally heavy rain is in store for eastern Australia crop areas through the next seven days. Rain amounts will be closely tracked for possible flooding in New South Wales.

Bryce Anderson can be reached at bryce.anderson@dtn.com

Follow Bryce Anderson on Twitter @BAndersonDTN

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