Commodities Market Impact Weather

MINNEAPOLIS (DTN) -- Mild temperatures and more rain for the U.S. and Canada, and a drier Brazil are the weather factors driving the markets Wednesday.

WARM WITH SCATTERED SHOWERS FOR MIDWEST

Another system in the Plains will bring more widespread showers to the Midwest for Friday through the weekend. Most areas yet to plant are getting an opportunity to get into the fields, while some of these showers will be beneficial. Showers will be disorganized, however, which will leave some areas dry. Temperatures will be warm until a front drops south through the region early next week, with cooler readings likely for eastern areas. Models have backed off on how cold it may be.

CENTRAL AND SOUTHERN PLAINS GETTING MORE SHOWERS AND THUNDERSTORMS

Waves of showers will continue to develop across the Central and Southern Plains this week. They will be largely disorganized, which may leave some areas missed by the activity, but may still produce areas of severe weather. Despite the sporadic nature, the continued period of rainfall is favorable to some of the driest areas in the country, including those areas in the southwest. Heavier rain is forecast across the south this weekend before it gets drier next week.

WARM AND SHOWERY FOR NORTHERN PLAINS

Temperatures continue to be near or above normal in the Northern Plains for the next week, favoring planting. Scattered showers will continue in waves through the weekend, offering some increase in soil moisture for some of the dry areas.

DELTA GETTING MORE RAINFALL

Wetter soils in the Delta are mostly favorable for developing crops. Disorganized areas of showers and thunderstorms will be possible through early next week, which may or may not hit most areas. Either way, conditions continue to be mostly favorable for crops in the ground.

MILD TEMPERATURES IN CANADIAN PRAIRIES

Mild temperatures in the Canadian Prairies continue to favor planting progress. Disorganized showers will be possible throughout the week, though may not hit very many areas with anything of significance except areas in the southeast that may see some better rainfall Friday and Saturday. Temperatures are forecast to stay mild with a couple of weak fronts moving through next week. Some light showers may be possible with those fronts, but more is needed.

DRYING OUT IN BRAZIL

A front continues with isolated showers Wednesday across southern Brazil before the country dries out. Recent rains have only clipped southern safrinha corn areas while winter wheat has gotten a nice boost of soil moisture. Safrinha corn areas are starting to see soil moisture decline and would prefer more rain, though chances for that are low. Temperatures remain warm with no risk of frost.

UNFAVORABLE DRYNESS IN ARGENTINA

It remains dry in Argentina, unfavorable for winter wheat planting and establishment. More rain is needed. However, it should remain drier for at least the next week. A front may go through with showers in the middle of next week, though forecasts are trending down with the amount of rain.

GOOD WEATHER FOR MOST OF EUROPE, SPAIN STILL DRY

Scattered showers will continue for the next week as an upper-level low meanders about Europe. Some of Spain may also see showers, but the country continues to be very dry and in drought. Otherwise, good weather conditions continue for winter- and spring-sown crops.

COOL IN THE BLACK SEA

Below-normal temperatures in place across the Black Sea region may have produced frost over the far northern areas this past weekend, but no significant damage is likely to have occurred. Temperatures will gradually moderate this week. Showers are less likely for most of the next week or more, but soil moisture is mostly favorable across the region.

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

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