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Commodities Market Impact Weather

Updated

Fronts Mixed With Heat for the Next Week

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MINNEAPOLIS (DTN) -- Overall good weather in the Corn Belt, but some heat between fronts, areas of dryness in the Black Sea region and central China, and increased rainfall in parts of the Northern Plains, Canadian Prairies, and Australia are the weather factors driving the markets Tuesday.

FRONT CONTINUES TO SLOWLY PUSH THROUGH MIDWEST, HEAT COMING LATER THIS WEEK

A slow-moving front continues through the Midwest on Tuesday and Wednesday, bringing some areas of heavy rain. Flooding has been an issue in several areas from northern Missouri into southern Wisconsin over the last couple of days. Another front will move into northwestern areas later this week and stall a couple of days before moving eastward next week. Most areas should get chances for at least moderate rainfall over the next week to 10 days, helping with filling corn and soybeans. However, areas of flooding could cause issues and some areas that get missed this week could see stress from rising temperatures ahead of next week's front.

DRYING OUT IN THE CENTRAL AND SOUTHERN PLAINS

A front continues to bring areas of rain as it slips through the Southern Plains on Tuesday. Sporadic showers may develop throughout the rest of the week before the next front moves into the Central Plains this weekend. Temperatures will be rising ahead of this front and could be stressful to some areas that are still on the drier side. The front will push through next week, bringing showers and a relief in temperature.

ANOTHER FRONT MOVING INTO NORTHERN PLAINS WEDNESDAY NIGHT

Scattered showers developed in the Northern Plains on Monday as a front passed through. An additional front will move in on Wednesday night and bring sporadic showers into the weekend as it stalls. The front should completely move out early next week. The rain is favorable for filling corn and soybeans but could continue to negatively impact wheat quality and harvest.

FRONT SETTLING INTO THE DELTA, ONLY ISOLATED SHOWERS EXPECTED

Some isolated showers fell across the Delta this weekend, but most areas were dry. Showers should increase this week as a front slowly sags through the region and largely stalls, continuing showers into next week. Dry spots are popping up in the region and the rainfall will be important to finish out the crop. The tropics are also starting to become more alive and will need to be watched, though no immediate impacts are forecast for at least the next week.

SCATTERED SHOWERS IN CANADIAN PRAIRIES AGAIN THIS WEEK

Areas of heavy rain over the last week have been favorable for later-developing crops in the Canadian Prairies, but have been a negative factor for maturing and early harvest in other areas. Those across the north and east have seen beneficial rainfall to reduce drought and could make for another cutting of hay as we see more rainfall chances coming through this week and weekend in two more waves of showers. It should also help to battle the wildfires across the north.

DRIER IN BRAZIL

It was drier but colder in southern Brazil this weekend as some areas of frost were noted. That may have had some impact on early-developing wheat in a few spots, but overall should not have been all that damaging. Spring planting will begin in about a month as long as soil moisture is favorable across the south. It will be drier through the weekend, but we could see another front move in next week with showers across the south.

HOT AND DRY IN EUROPE

Hotter and drier conditions will continue in most of Europe through the weekend, though a front moving through later this week may produce some limited showers in a few lucky areas in the northeast. This will put stress on filling corn but will be favorable for the remaining wheat harvest.

BLACK SEA REGION CONTINUES TO ONLY SEE LIMITED SHOWERS

Though some showers are moving through northeastern areas of the Black Sea region, it continues to be very dry for most areas. More reports of drought stress continue to pop up on social media as harvest continues for wheat and corn continues to fill. Good weather has come in short bursts this season, with stress due to heat and dryness more common than not.

WESTERN AUSTRALIA SEEING MORE RAIN, EASTERN AREAS NEED MORE

A front moved through Western Australia with showers over the weekend, favorable for building soil moisture there, but is losing its strength moving through eastern areas. Another front will do something similar later this week. Though wheat conditions are improving in the west, they've been more stagnant and fairer in the east. Wheat and canola in the southeast should get into their reproductive stages later this month and could use some more rain in which to do so.

CENTRAL CHINA GETTING LIMITED SHOWERS

A front brought needed rainfall to the North China Plain this weekend, which has endured bouts of hot and dry conditions throughout the season. The front responsible will continue showers in portions of central China for the rest of the week. Another disturbance is forecast for late week with some more favorable rain chances for filling corn and soybeans. Areas in the northeast have had more consistent rainfall and variable temperatures, with largely favorable weather for corn and soybeans there.

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

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