Commodities Market Impact Weather

MINNEAPOLIS (DTN) -- Growing drought in the Central and Southern Plains, areas of heavy rain from central Texas through the Midwest, heavy rain in southern Argentina, and isolated showers in Brazil are the weather factors driving the markets Wednesday.

TWO MORE SYSTEMS TO MOVE THROUGH THE MIDWEST

A system moved through the Midwest on Tuesday with widespread showers and thunderstorms and some severe weather. Rain continues on Wednesday, but two more systems will move through the region through Saturday with scattered showers and thunderstorms. Some heavy rain will occur, increasing soil moisture for planting and easing dryness, but it may make it difficult to get out into the fields this week. Some bursts of colder air should be enough to allow for some accumulating snow and freezing rain over northern areas Wednesday night and Thursday, and again Friday night and Saturday.

HEAVY RAIN MISSING SOME AREAS OF THE CENTRAL AND SOUTHERN PLAINS

Some showers moved through the Central and Southern Plains on Tuesday, but two more potent systems are set to move through with scattered showers and thunderstorms through Saturday. Despite being stronger, they will not hit all areas and are likely to miss the southwest, where drought has been growing quickly over the last couple of months. Though conditions are mixed, this is not a good situation for most winter wheat areas. Northern areas could be in for some accumulating ice and snow on a couple of occasions, and winds will be a little breezy with the storms moving through as well. Overall, this is a poor week to get any fieldwork done.

COOLER WITH TWO ROUNDS OF SNOW IN THE NORTHERN PLAINS

Two more systems will move through the Northern Plains through Saturday, offering widespread mixed precipitation and chances for heavy snow. While the precipitation will be welcome, it will be difficult to get any early fieldwork done this week. Temperatures will be colder and will largely last through next week as well.

TWO FRONTS MOVING THROUGH DELTA, DROUGHT REMAINS STOUT

Dryness and drought are major concerns in the Delta as spring planting increases in April. A front will move in on Thursday, and another will go through this weekend. Despite chances for widespread showers and thunderstorms, it will not be enough to reduce drought for too many areas, and next week is likely to be drier.

ISOLATED SHOWERS FOR BRAZIL

Wet season showers in Brazil continue to be isolated through the weekend. The country needs more consistent heavy rainfall during the last month of the wet season for a good safrinha corn crop. A front moving up from Argentina next week may provide some more widespread showers, but is forecast to be a brief boost. Showers are forecast to go isolated again after it passes through.

HEAVY RAIN IN ARGENTINA

A slow-moving front will keep showers going in Argentina for much of the week across the central and south before moving north this weekend. Rain will be somewhat favorable, but only for late-planted crops, as the early-season corn harvest continues to march on and early-planted soybeans have started to be harvested as well.

RAIN CONTINUES IN SOUTHEASTERN EUROPE

A system continues to produce scattered showers around the eastern Mediterranean for the rest of the week, boosting moisture for winter crops. Other areas of Europe will be drier for the rest of the week. Northeastern areas have seen a few showers, but need more. Meanwhile, Spain has been a bit drier, allowing it to recover from heavy rain over the winter. More active weather is expected next week.

SHOWERS SPREADING THROUGH THE BLACK SEA REGION

Waves of scattered showers continue in the Black Sea region into next week. With soil moisture mixed around the region, the showers will be helpful as wheat continues to green up and thoughts turn toward spring planting.

RECENT HEAVY RAIN IN WESTERN AUSTRALIA

Heavy rain across western Australia over the weekend helped to prep soils for winter wheat and canola planting. Some disturbances will move through this week, but precipitation will be limited and favor western areas. Dryness in the east will favor cotton and sorghum harvest, but more rain is needed in these areas for wheat and canola planting.

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

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