Commodities Market Impact Weather

MINNEAPOLIS (DTN) -- Multiple clipper systems moving through the U.S. with snow and reinforcing shots of cold air, and heavy rain in Brazil are the weather factors driving the markets Monday.

CLIPPERS MOVING THROUGH THE MIDWEST

A clipper moved through the Midwest over the weekend with some moderate snow and another round of colder air. At least three more clippers will move through this week with variable precipitation, but chances for some more moderate snow, breezy winds, and reinforcing shots of cold air. Some warmth will move through early this week, but another clipper will put an end to that midweek. Another blast of extremely cold, arctic air is forecast again by the end of the week but will only last a couple of days.

WARMER IN THE CENTRAL AND SOUTHERN PLAINS

The storm track is to the north this week, allowing some warmer air into the Central and Southern Plains. However, a strong cold front will move through on Wednesday and Thursday with some cooler air and then another strong push on Friday with even colder air. That should be brief though as warmer air moves in next week. The fronts may bring through some limited showers across the north.

MORE ROUNDS OF COLD AIR, HEAVY SNOW FOR THE NORTHERN PLAINS

Scattered snow moved through the Northern Plains over the weekend with a clipper system. Three more clippers will move through this week with almost daily precipitation. Some areas of heavy snow and strong winds will be possible as well. Though temperatures will be rather warm to start the week, more cold air is on the way with another arctic blast for late this week.

MORE RAIN NEEDED FOR MISSISSIPPI RIVER

Recent precipitation in the Midwest produced a lot of snow, which will slowly leak into the Mississippi River system throughout the winter. The pattern favors clippers this week, keeping the Delta region dry and promoting slow falls in water levels on the rivers. There is some chance for bigger systems next week, but the slow fall in water levels remain a concern for transportation.

HEAVY RAIN FELL IN CENTRAL BRAZIL

Heavy rain has fallen in central and northern Brazil over the last week, which has been sorely needed for developing to reproductive soybeans. Soil moisture is still favorable farther south, but showers are coming at a slower pace. There will be a stronger system moving through Monday and Tuesday that should bring through some widespread rainfall, though. Conditions are either favorable or improving.

ARGENTINA WITH PATCHY RAIN, SOME AREAS GETTING DRIER

A system started moving through Argentina on Sunday and will exit on Monday, but is producing patchy rainfall outside of the north that should get some heavier rain on Monday. Though the pattern has been slower with rainfall chances, soil moisture is still favorable after a favorable spring. A couple of chances for patchy rainfall continue this week, but rainfall is coming at a below-normal pace. Issues with some areas getting too dry for developing corn and soybeans will be a concern with time.

WESTERN EUROPE STAYING IN AN ACTIVE PATTERN

A system moved through northwestern Europe over the weekend with widespread rainfall for the UK, France, and Germany, maintaining good soil moisture for dormant winter wheat. The Atlantic stays active, bringing more showers through these areas this week while warmth spreads across the continent. Some showers will go through Spain as well, favoring winter wheat there. Warm and drier conditions across Italy and the Balkans will be unfavorable for winter wheat, though soil moisture is still relatively favorable here and concerns about dryness are minimal for now.

DROUGHT STILL A CONCERN FOR PORTIONS OF BLACK SEA REGION

Systems moving across northern Europe may bring some showers through the Black Sea region this week, though amounts look rather light for most areas. Dryness and drought are still a major concern this winter as wheat went dormant late and largely in questionable condition. Some southern areas are still too warm for dormancy, with above-normal temperatures continuing this week.

DRIER IN AUSTRALIA, PROMOTING FIELDWORK

Some limited showers went through Australia this weekend, but many areas stayed dry, continuing mixed conditions. Wheat and canola are being harvested while cotton and sorghum are being planted and going through early growth. Some showers will be possible in northeastern growing areas this week, but very little is forecast elsewhere as conditions will continue trending downward in many areas.

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

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