Commodities Market Impact Weather

MINNEAPOLIS (DTN) -- Rising temperatures and more rain for the U.S., along with a drier central Brazil are the weather factors driving the markets Monday.

TEMPERATURES SLOWLY RISING FOR MIDWEST

A big storm system moved into the Midwest over the weekend and produced widespread precipitation, though amounts have been mostly light. The system will remain over or near the Great Lakes through Wednesday with showers continuing in spots and may mix with snow during the overnight periods. Some cold air will remain in place early this week with a gradual rise later in the week. Frosts are expected over northern areas and may dip down through parts of Iowa to Ohio over the next few mornings. Outside of that risk, conditions should be improving for planting. Another system moves through this weekend into next week with showers being possible.

CENTRAL AND SOUTHERN PLAINS GETTING MORE SHOWERS

It was frosty the last couple of mornings as far south as the Texas Panhandle, and another frost is possible Tuesday, but temperatures should be on the rise this week. After some favorable rains last week, this week should offer periods of showers as well, though less organized in nature. Still, the additional rains will be beneficial to wheat and early corn and soybeans.

TEMPERATURES INCREASING FOR NORTHERN PLAINS

Temperatures in the Northern Plains are on the rise, favoring the melting of the last remaining piles of snow in the northeast while also warming soils. Temperatures will continue to rise this week and be quite warm, favoring some planting. Scattered showers will likely move in late in the week, offering some increase in soil moisture for some of the dry areas.

DELTA STILL WET

A system brought scattered showers and thunderstorms through the Delta on Saturday, leaving most areas with good soil moisture, but somewhat difficult planting conditions. Though cool, conditions are mostly favorable for development. Scattered showers will move through later this week and again over the weekend with another couple of systems moving through.

TEMPERATURES RISING IN CANADIAN PRAIRIES

Rising temperatures in the Canadian Prairies over the weekend helped melt the remaining snowpack across the far north and east. Temperatures will continue to rise across eastern areas this week, favoring an increase in soil temperatures and planting activities. Most of the week should be dry, with a chance for showers over the weekend into next week, which are needed for some of the drier areas in the west.

LIMITED RAIN FOR CORN IN BRAZIL

A front will stall in southern Brazil with scattered showers throughout the week. Showers may clip the far southern safrinha corn areas, but will help increase soil moisture for winter wheat. Safrinha corn areas have good soil moisture for now but would enjoy the front to slip farther north this weekend or next week with some showers. Temperatures remain warm with no risk of frost.

LIMITED SHOWERS FOR ARGENTINA

A front moved through Argentina on Sunday with scattered showers. The rains are helpful for conditioning soils for winter wheat planting, but more are needed. Outside of the far north early this week, it should remain drier, unfavorable for winter wheat, but favorable for corn and soybean harvest.

GOOD WEATHER FOR MOST OF EUROPE, SPAIN STILL DRY

A fairly active storm track continues to move through Europe for the next week, favorable for bringing widespread rains to most areas. Spain remains very hot and dry and in desperate need of additional rainfall. However, it should miss out on most of the rainfall over the next week. A burst of colder air will sag south through northeastern areas of the continent later this week, which may produce some frosts in Poland. Otherwise, good weather conditions continue for winter- and spring-sown crops.

COOL SHOT COMING TO BLACK SEA

Showers have been consistent across much of the Black Sea region over the last several weeks, favoring winter wheat development and corn planting. Showers will become less common by midweek as colder air settles into the region, which may produce some frosts across the northern end of the region. Outside of that potential, conditions for growth remain fairly good.

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

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