Commodities Market Impact Weather

MINNEAPOLIS (DTN) -- Additional rain for the Plains and Canadian Prairies, a brief drier spell for the Midwest, and potential rain for Brazilian corn are the weather factors driving the markets Friday.

DRY MIDWEST BREAKING NEXT WEEK

Drier conditions are expected in the Midwest for most of the next week, which will help those with planting yet to do complete their tasks. Models are keen on developing isolated to scattered showers next week, especially late next week, breaking the drier stretch and easing concern over developing dryness.

RAIN CONTINUES FOR CENTRAL AND SOUTHERN PLAINS

Areas of showers and thunderstorms have been developing throughout the week in the Central and Southern Plains and have been heavy at times in the southwestern drought areas. More isolated to scattered showers will pop up through next week as well. The rainfall will not hit all areas, but may help to further reduce drought in some, and is beneficial for developing summer crops and forages.

SHOWERS CONTINUING FOR NORTHERN PLAINS

Isolated to scattered showers are forecast to continue in the Northern Plains through next week. Rain will be good for seed in the ground but may make it more difficult for those yet to plant to get done on time.

DELTA DRIER THROUGH WEEKEND

Soil moisture continues to be mostly favorable for developing crops in the Delta. Drier conditions have developed in the region, but shower potential returns next week. Overall conditions continue to be good across the region for developing crops for now.

AREAS OF RAIN FOR CANADIAN PRAIRIES

Scattered showers in the Canadian Prairies are forecast to continue through next week, hitting most areas with at least some decent rainfall. Northern Alberta received some heavy rainfall earlier this week, which may help them fight the wildfires and reduce drought. Showers may slow down seeding progress at times but may also help to reduce the widespread drought.

BRAZIL CORN LOOKING FOR RAIN NEXT WEEK

A front will move into southern Brazil this weekend with scattered showers and may progress into central safrinha corn areas next week. Any rain would be beneficial for corn and wheat. Though temperatures will drop behind the front, no frosts are forecast.

HEAVY SHOWERS ENDING IN ARGENTINA

Scattered showers continue in Argentina through Saturday before the country dries out, favorable for increasing soil moisture for wheat. Temperatures will fall below normal over the weekend and into next week, which may produce frosts and freezes, limiting growth for wheat.

GOOD WEATHER FOR MOST OF EUROPE

Showers continue near the Mediterranean Sea for the next week and have been the most consistent near Spain, which has seen some favorable showers lately, but is still in deep drought. Other areas are getting a chance to dry out and find some sun, favorable for crop development. Soil moisture is good for most of the continent.

FAVORABLE WEATHER FOR THE BLACK SEA

An upper-low over the Black Sea and a couple of fronts in the region will provide scattered showers for the next week, especially over wheat areas in eastern Ukraine. Soil moisture and warm temperatures are mostly favorable for crop development.

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

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