Commodities Market Impact Weather

OMAHA (DTN) -- A system moving through the U.S., snowmelt in the Northern Plains, and rains in central Brazil are the weather factors driving the markets Wednesday.

WARMTH CONTINUING FOR MIDWEST

Dryness and above-normal temperatures in the Midwest over the last several days have been favorable for spring fieldwork. Snowpack in the north continues to melt off. A system will bring a few waves of showers through the region Friday through Monday, which may be cold enough for some areas of snow as well. A burst of colder air will move through behind the system, stalling progress on fieldwork and planting. Temperatures will be more on a seesaw, rising again next week, but likely falling again behind the next system later next week.

LIMITED SHOWERS FOR CENTRAL AND SOUTHERN PLAINS

Some spotty showers may develop across the Central and Southern Plains Thursday and Friday as a system approaches. Though spotty, they could be significant in some areas. More widespread showers are forecast to move through northern areas Friday into Saturday. Otherwise, dry conditions remain a concern for winter wheat. The system this week is also bringing strong winds, which would be unfavorable for all locations, and especially those that do get rain, as it would sap that moisture right out.

SNOWPACK MELTING IN NORTHERN PLAINS AND CANADIAN PRAIRIES

Recent above-normal temperatures in the Northern Plains and Canadian Prairies have been melting the snowpack, starting the flooding process. Though cooler temperatures will move through over the next few days and should remain near to below normal through next week, the melting should continue. Cooler temperatures come with chances for showers through Saturday, including a burst of snow in Montana and potential for a couple of spots elsewhere to pick up a brief little bit of snow as well.

DELTA GETTING MORE RAIN

Showers will increase in the southern Delta with a system coming out of the Gulf of Mexico for the next couple of days and another front moves through on Saturday. Many areas are fairly wet from recent rainfall, limiting fieldwork and planting. Precipitation is becoming less frequent, but still steady through the rest of April, which may cause some areas that are too wet, while others will find the proper conditions to get out into the field.

ANOTHER SYSTEM MOVING THROUGH CENTRAL BRAZIL

Another system will move north into Brazil from Argentina late this week and weekend with another increase in showers across Brazil. Another is likely to move through next week as well. Overall, systems are providing adequate and timely moisture for developing safrinha corn, though wet season showers are diminishing. This pattern will need to be maintained for the late-planted crop.

SCATTERED SHOWERS FOR ARGENTINA

A system is moving through Argentina with scattered showers through Thursday but is more isolated over the main growing region. Another should go through early next week. Soil moisture has improved recently, but crop conditions are still poor due to heat and drought over the summer. Systems are coming at a more frequent pace, which may help condition soil prior to winter wheat planting by the end of the month.

GOOD GROWING CONDITIONS FOR MOST OF EUROPE

A couple of systems are moving through Europe this week. Italy will see improved rain, but Spain will likely miss out on most of it. Other areas of the continent will continue to see mostly good conditions. It may make it more difficult for early corn planting.

FAVORABLE WEATHER PATTERN CONTINUES IN THE BLACK SEA

Periods of showers will continue to move through the Black Sea region for the next week, with mild temperatures. Overall, growing conditions are mostly favorable across the region. Some areas may be too wet and cool to plant corn, however.

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

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