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Commodities Market Impact Weather

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Continued Dry Midwest Forecast

Updated
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OMAHA (DTN) -- Additional dry conditions for Midwest harvest and more rain in store for Brazil soybean areas are the key weather items for the commodity trade's attention Wednesday.

COOL BUT DRY MIDWEST PATTERN

The DTN ag weather forecast calls for mainly dry conditions during the next 10 days to improve conditions for harvest. Field and crop drying will be delayed by below-normal temperatures. Winds appear to be mainly light, which will benefit wet weather-affected cornstalks and soybean stems.

MORE SOUTHERN PLAINS RAIN

Across the Southern Plains, additional rain is in store for the southern sector (Oklahoma, Texas) during the next five days. Soil moisture is in good supply for the new winter wheat crop. Planting and emergence rates are both near average.

DRIER FOR NORTHERN PLAINS

In the Northern Plains, drier and milder conditions will favor harvest progress. No precipitation is indicated through the end of October.

DELTA RAIN

Delta harvest progress will have disruptions through the rest of the week due to moderate to locally heavy rain.

SCATTERED SOUTHEAST SHOWERS

In the southeastern U.S., the pattern is mostly dry, with only scattered light rain showers the rest of this week. This pattern will favor recovery efforts in areas that were badly damaged by Hurricane Michael in the past week. Extensive crop loss has occurred in locales affected by the hurricane.

SHOWERS FOR WEST TEXAS

In west Texas, a new round of light to moderate rain is set to form over the next two days. Heavier rains may favor south and east areas during this time. Drier weather is in store from Friday through the weekend. Precipitation has been well above normal in the region since the first of September.

WARM AND DRY IN PRAIRIES

In the Canadian Prairies, a warm and dry pattern over at least the next week will benefit harvest efforts, which have been delayed by recent cold and wet conditions.

CONTINUED BRAZIL SHOWERS

Brazil soybeans areas continue with moderate to heavy rain in the forecast through the next week. Soil moisture is favorable for planting and early soybean development.

EUROPE REMAINS DRY

Primary wheat areas of Europe, from France east through Germany and Poland, remain dry with well-above-normal temperatures forecast over the next week. This pattern is unfavorable for soil moisture for the new winter wheat crop. The dry and warm trend is also in place over Ukraine and Russia.

Bryce Anderson can be reached at bryce.anderson@dtn.com

Follow Bryce on Twitter @BAndersonDTN

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This is not presented as a commodity trading recommendation. Weather is only one of many factors which can influence the market on any given day.

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