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Commodities Market Impact Weather

Updated

Warmer for Central US

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OMAHA (DTN) -- Warmer temperatures with variable rain in the central U.S. and late-week rainfall developing in Australia wheat areas are the key weather items for the commodity trade's attention Friday.

WARMER WITH SHOWERS IN MIDWEST

The DTN Ag Weather forecast calls for Midwest crop areas to have periods of showers with a warming trend over the next week. Crop prospects are favorable across the region except for western Iowa and portions of northern Michigan where dryness has been notable during much of this summer season.

SOUTHEAST PLAINS RAIN FOCUS

In the Southern Plains, rain prospects have a sharp difference from east to west. Eastern areas have periods of showers over the next week. The showers are beneficial for late-summer crop moisture. Western areas will be dry with notable stress to crops and pastures. Temperatures are rising back above normal and will continue to be so through most of next week.

VARIABLE NORTHERN PLAINS CONDITIONS

Northern Plains crop areas have a variable rain pattern ahead through the next seven days. The western sector will be mainly dry with favorable spring wheat harvest conditions. Eastern areas have periods of rain showers, generally favorable for row-crop moisture.

MIXED DELTA AND SOUTHEAST RAIN

Delta and Southeast crop areas have a mixed rainfall pattern through next week. Southeast coastal areas have widespread light to moderate showers indicated. Delta and interior Southeast areas have mainly light showers. Temperatures show a warming trend over the next week.

LIMITED PRAIRIES RAIN

In the Canadian Prairies, temperatures have a trend to below normal values indicated in the seven-day forecast. Rainfall is expected to be light. Drought in the southern sector of the region will see little easing due to being bypassed by rain patterns.

SCATTERED BLACK SEA RAIN

In the Black Sea region, variable rainfall, mostly light to locally moderate, is indicated from Ukraine through Russia during the next week. Temperatures show a near to below normal trend with very little stress to summer crops.

SHOWERS TO CROSS EUROPE

Across Europe, light rain is indicated in the seven-day forecast. Stressed crops in western areas will see limited benefit. Dry southeastern areas have higher chances at moderate rainfall.

ONGOING DRY CENTRAL BRAZIL TREND

Across Brazil, dry conditions continue to favor the late stages of safrinha corn harvest.

DRY CENTRAL ARGENTINA PATTERN

Central Argentina crop areas have very little rain indicated in the seven-day forecast. Wheat acreage has been reduced due to dryness.

CONTINUED AUSTRALIA RAIN FORECAST

Beneficial rain continues in the forecast for both western and eastern wheat areas of Australia. Heaviest rain totals are indicated in New South Wales. This would be useful moisture for wheat.

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

Follow Bryce Anderson on Twitter @BAndersonDTN

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Market Weather Factors

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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