Commodities Market Impact Weather

MINNEAPOLIS (DTN) -- Additional rain for the U.S. over some of the drought areas, and a drier Brazil are the weather factors driving the markets Monday.

MORE SHOWERS FOR MIDWEST

Widespread showers went through the Midwest late last week through the weekend and continue Monday and Tuesday across the south. Drought areas found some rainfall. A front will move through later this week with additional scattered showers and thunderstorms. Temperatures will be up and down this week, but nothing too drastic. Conditions are mostly favorable for early development, though there are some wet pockets that could use some dry weather to continue planting.

CENTRAL AND SOUTHERN PLAINS WITH MORE SHOWERS

Waves of showers went through the Central and Southern Plains over the last week, helping improve soil moisture and reduce drought in some areas. Some areas of flooding were noted, however. Showers continue Monday and a front moving through later this week should bring additional showers to much of the region, which may further improve soil moisture, including some of the deepest drought areas in the southwest. With additional showers being possible next week, the pattern remains favorable for early crop development.

QUIETER FOR WETTER NORTHERN PLAINS

Heavy rain fell across the Northern Plains late last week and weekend, improving soil moisture for some areas, but also interrupting planting progress. A front will bring scattered showers through Wednesday and Thursday. More showers may be possible next week, an overall favorable pattern for reducing drought and supporting crop establishment.

DELTA GETTING MORE RAINFALL

Scattered showers went through the Delta over the weekend and will be possible through most of the week. Wetter soils in the region are mostly favorable for developing crops. Drier conditions are likely to set in by the weekend and continue next week.

WARM TEMPERATURES IN CANADIAN PRAIRIES

Scattered showers went through the Canadian Prairies over the weekend and were heavier in parts of Saskatchewan and Manitoba. Drier conditions are expected for this week with a ridge over most areas. A front will go through on Tuesday and Wednesday, but showers will be unlikely for most areas and the dip in temperatures that follows will be very short-lived. Conditions are mostly favorable for continued planting, though more showers are needed across the region's drought, which is fairly widespread. Models are supporting more rainfall for next week.

DRY FOR BRAZILIAN CORN

Dry conditions are expected in Brazil for most of this week, but that is typical for this time of year. A front will move into southern areas this weekend and may produce some showers, but additional rainfall would be helpful for reproductive to filling safrinha corn. Soil moisture is much-improved for winter wheat planting and establishment. Temperatures remain warm with no risk of frost.

SHOWERS RETURNING TO ARGENTINA

It remains dry in Argentina, unfavorable for winter wheat planting and establishment. More rain is needed. A front may go through with showers late week, and the pattern will favor additional fronts moving through to end May. Precipitation coverage and intensity is uncertain, however.

GOOD WEATHER FOR MOST OF EUROPE

Scattered showers fell across a lot of Europe over the weekend with a cutoff low meandering around. That includes portions of Spain, though shower coverage and intensity were low for these areas in drought. The cutoff low will continue to meander around the Mediterranean for at least the next week, which should continue showers around the sea and occasionally other places as well. Overall, favorable conditions continue for most of the continent, though there are some limited areas of dryness and wetness.

GOOD WEATHER FOR THE BLACK SEA

It was dry in the Black Sea region over the weekend but an upper-low over the Mediterranean and a couple of fronts dipping into the region may provide at least some showers for the region this week. Soil moisture is still mostly favorable for crop development.

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

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