Commodities Market Impact Weather
Heat and Dryness Concerns for Next Week
MINNEAPOLIS (DTN) -- Heat and dryness for the Corn Belt but helpful rains in Texas are the short-term weather factors driving the markets Wednesday.
MIDWEST STAYING DRY
Temperatures will be near or above normal in the Midwest going through next week while it will also be quite dry. A front dipping into the region Friday through the weekend may produce some isolated showers, but nothing widespread is forecast. Some of the drier areas in the region will continue to see stress while areas that have been wetter recently should be alright for filling corn and soybeans.
DROUGHT IMPROVING FOR TEXAS, WORSE ELSEWHERE IN THE CENTRAL AND SOUTHERN PLAINS
Scattered showers will continue with a front stalled out in Texas going into next week. Some isolated showers may occur elsewhere in the Central and Southern Plains, but nothing widespread is expected. Some drought relief is likely in Texas but will probably build elsewhere with increasing temperatures. The next chance for more widespread showers does not come until the end of next week.
DRY AND WARMING IN NORTHERN PLAINS
Drier conditions are expected in the Northern Plains for the next week while temperatures will increase. The combination is not favorable for filling corn and soybeans.
SCATTERED SHOWERS FOR THE DELTA
A front brought scattered showers to the Delta over the last couple of days but did miss some areas. The front will stall near the Gulf Coast and showers may continue for southern areas, which would be beneficial for filling soybeans and cotton. Meanwhile, some of the areas in the north are still dealing with dryness concerns and will be rather dry for the rest of the week. There is some potential for showers to migrate north this weekend into next week. Temperatures will be much more seasonable in this region.
GOOD HARVEST CONDITIONS FOR CANADIAN PRAIRIES
Mostly dry weather through the middle of next week should favor harvest conditions in the Canadian Prairies. A system will move through later next week with strong potential for widespread rainfall. It would be too late for crops this year, but ease some of the dryness that has been occurring lately.
SHOWERS FOR SOUTHERN BRAZIL
A front brought favorable showers to southern Brazil over the past weekend, but also brought in much cooler temperatures and frosts, which may have been damaging to immature wheat. Early plantings of corn in the south are finding good conditions for early development, shielded by the brief cold. Another front will move through later this week with more showers for southern areas. The front should stall out and continue showers into next week.
ARGENTINA WHEAT STILL COLD
A front that moved through Argentina this past weekend brought some decent showers to some wheat areas, but also brought cold air with widespread frosts and freezes. A front that moves through over the next couple of days will bring showers to northern agricultural zones but cold temperatures yet again and likely more frosts. Limited rainfall and cold temperatures have been detrimental for wheat development so far this season.
FRONT MOVING THROUGH BLACK SEA
A front will move through the Black Sea region over the next several days, bringing temperatures down and helping reduce stress for filling corn and sunflowers. The front is not forecast to produce much precipitation outside of some spotty areas and dry pockets are forming in both Ukraine and western Russia ahead of winter wheat planting.
John Baranick can be reached at firstname.lastname@example.org
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