Commodities Market Impact Weather

MINNEAPOLIS (DTN) -- Continued warmth across the U.S. with several systems moving through, continued good weather in most of Brazil, and a return of rain to Argentina are the weather factors driving the markets Monday.

NEAR-RECORD WARM FOR MIDWEST

The Midwest largely missed a storm system this weekend, but southwestern Missouri did get in on a band of moderate to heavy rain. It is very warm and snow continues to melt, boosting soil moisture in a lot of areas. A system will go through Thursday with scattered showers and another will move across southern areas this weekend. The latter storm could bring a mix of heavy rain and snow to some areas, though that is uncertain. Temperatures behind that system will decrease but stay seasonable.

STORMS COMING THROUGH CENTRAL AND SOUTHERN PLAINS

A system moved through the Central and Southern Plains with areas of heavy precipitation over the weekend. Significant snow fell in the far northwest near the mountains. A system will move through Wednesday and Thursday with scattered showers and another will move through southern areas this weekend that could have a mix of heavy rain and snow. Long-term deficits remain in some areas but continue to have an active pattern that is helping to gradually erase them.

RAIN AND SNOW FOR NORTHERN PLAINS

Scattered showers moved through the Northern Plains over the weekend. Another storm system will move through Wednesday and Thursday with a mix of rain and snow, but the snow that falls could be hefty across the north. Recent and forecast precipitation will help to ease some of the recent dryness in the region.

DELTA GETTING EVEN MORE RAIN

A system brought more heavy rain through the Delta this weekend. Soil moisture is much improved and drought continues to decrease in the region. Water levels along the Mississippi River and local rivers are also much higher, increasing transportation. Scattered showers will move through late week with another storm that could bring heavy precipitation on Sunday.

SHOWERS CONTINUE FOR CENTRAL BRAZIL

Scattered showers fell across much of Central Brazil and southern states saw some isolated showers as well. Scattered showers should continue across the central region all week. Southern areas may have to wait until this weekend for more widespread showers to move in, but they could be significant when they do. Rain showers are expected to be of normal intensity across the central, allowing for a normal pace of field work in most areas. A dry spell last week allowed for good progress of both harvest and planting last week.

RAIN AND MILD TEMPERATURES RETURNING TO ARGENTINA

Surprisingly decent showers went through western Argentina over the weekend, but most areas of the country remained dry with temperatures up around or over 100F again. Some isolated showers may occur over southern areas early this week with a front getting into the region by Wednesday. That front should finally bring good showers to much of the country later this week and weekend while temperatures will fall back to normal as well. The potentially good rainfall is needed to turn around crop conditions after more than two weeks of dry conditions and a week of 100-degree heat.

RAIN COMING BACK TO SOUTHERN EUROPE

It was again dry and warm across southern Europe this weekend while soil moisture fell for vegetative wheat in Spain and Italy. A storm system will move through southern areas later this week with more impulses through the weekend which will help reverse the dryness trend. Temperatures will continue to be warm with no threat of an arctic freeze.

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

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