Commodities Market Impact Weather

MINNEAPOLIS (DTN) -- Good harvest weather in the Corn Belt, heavy rain in the Southeast, and dryness in Argentina are the weather factors driving the markets Friday.

COLDER AND DRIER MIDWEST

Dry conditions continue in the Midwest through the weekend for most areas, though the remnants of Ian could produce some showers in the far southeastern Midwest and Minnesota also sees a few light showers. Some showers will move through early- to mid-next week with a system and cold front combining over the region, but showers should be limited. That will be followed by another burst of colder air, however. Overall, conditions remain mostly favorable for harvest. Dry spots in some of the winter wheat areas are unfavorable for establishment.

DROUGHT CONTINUES IN CENTRAL AND SOUTHERN PLAINS

A weak system in the Rockies will produce some isolated showers for northwestern areas of the Central Plains into early next week. Showers should be very isolated and not have much of an impact on operations. Conditions continue to be poor for winter wheat establishment and pasture regrowth, but good for corn and soybean harvest.

ISOLATED SHOWERS FOR NORTHERN PLAINS

A small system will produce areas of showers for the Northern Plains going into early next week. Some spots may get some moderate amounts, but most should see light rain. There may be some disruption to the ongoing harvest.

GOOD HARVEST CONDITIONS IN THE DELTA

Dry conditions are forecast for the next week in the Delta. Harvest conditions continue to be quite good.

IAN BRINGING HEAVY RAIN TO SOUTHEAST, MID-ATLANTIC

Ian has become a hurricane again, headed for South Carolina with a landfall on Friday, spreading heavy rain for far eastern Georgia through Virginia into early next week. Heavy rain could mean flooding and damage to maturing crops.

WIDESPREAD RAINS IN BRAZIL

Recent showers have continued to provide good soil moisture for Brazil as planting increases. Scattered showers dry out this weekend. The daily wet season showers in central Brazil will continue afterward, and another front is forecast to bring showers through the region mid- to late-next week.

ARGENTINA STILL DRIER DESPITE SOME SHOWERS

Dryness continues to create unfavorable conditions for developing wheat and corn planting in Argentina. Scattered showers may return next week but forecasts have turned much lighter with the precipitation. The region is in desperate need of more rain.

BLACK SEA WHEAT CONTINUES TO SEE GOOD MOISTURE

Recent showers have done well to fill soils in the Black Sea region but have also delayed fall harvest. Periods of showers will continue across Ukraine into next week, with more limited rainfall expected in western Russia until next week. Overall conditions are mostly favorable for winter wheat planting and establishment. Showers will disrupt the corn harvest, however.

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

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