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Commodities Market Impact Weather

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Frequent Storms, Tropical Low Producing Heavy Rain for US This Week

DTN Weather Week In Review
Weather Week In Review
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MINNEAPOLIS (DTN) -- More periods of heavy rain across the Corn Belt and Gulf Coast with milder temperatures spreading through the U.S., more rain in the Canadian Prairies, and few other global weather issues are the weather factors driving the markets Monday.

MORE WAVES OF SHOWERS MOVING THROUGH MIDWEST

Another system moved through the Midwest this weekend and produced areas of heavy rain, especially in Missouri where flooding has been an issue for the last few months. It has also brought in some much cooler air. A couple of systems moving through this week and next will keep the shower frequency going while reinforcing the cooler air. The combination should be fairly good for developing corn and soybeans, but will make it more difficult to harvest winter wheat.

PERIODS OF SHOWERS AND THUNDERSTORMS FOR CENTRAL AND SOUTHERN PLAINS

Scattered showers moved through the Central and Southern Plains over the weekend, being heavy in some areas of the Texas Panhandle and across Oklahoma, easing dryness in those areas. Scattered showers will continue in Texas early this week. Several fronts will move through this week, but with limited shower potential. A better chance will come this weekend into early next week with a system and front passing through. Cooler temperatures have moved into the region and are likely to stick around through the weekend and early next week, keeping stress low for areas that have had less frequent and intense rain. The lower rainfall frequency this week should promote harvest for winter wheat.

SHOWERS CONTINUE ACROSS THE NORTHERN PLAINS

Isolated showers moved through the Northern Plains over the weekend, but cooler temperatures did too. Reinforcing shots of cooler air will move through several times this week and next, bringing periods of showers each time. Though the showers are not likely to be very intense, the frequency should help to maintain soil moisture. The milder air will keep stress down, but the lack of warmth will keep growth slow.

SHOWERS MAY BE HEAVY AT TIMES IN THE CANADIAN PRAIRIES

An upper-level trough continues to be reinforced across the Canadian Prairies this week, which has already brought through scattered showers and cooler air since late last week. The occasional showers and cooler air will be common through next week. Though frosts are not in the forecast, there may be a couple of spots that become unfortunate enough to cool down too much overnight, producing some frosty temperatures. As long as that is not widespread, conditions are overall favorable, though the lack of warmth is causing growth to be slow.

FRONT, TROPICAL LOW PRODUCING HEAVY RAIN IN THE DELTA

A couple of fronts moved into the Delta and produced scattered showers over the weekend, bringing in some decent rainfall and some lower temperatures. Rainfall will be a little more frequent this week with a stalled front early, more fronts coming in from the north, and a potential tropical low enhancing rain later this week. As long as flooding does not occur, this should be a good combination for developing soybeans and cotton.

MORE RAIN COMING TO BRAZIL

A front brought showers to southern and south-central Brazil over the weekend. Another front is forecast to move through late this week with more widespread showers. That is helping some late corn and vegetative wheat, but it is getting a bit too late to be much help for corn. Colder air that is moving in may cause some frosts over wheat areas in the far south, but would not be damaging. Corn areas are not at much of a risk for frost though it will be cooler to limit stress on what remains of filling corn.

FRANCE HOTTER AND DRIER THIS WEEK

A system continued showers over eastern Europe this weekend while it started to dry out in the west as temperatures began to increase. Though a few showers will go through at times, it'll be drier in most of the continent this week. Heat will build across France into Germany and Poland this week, but France will see the most extended heat into the weekend and maybe even next week. That could have some impact on wheat, but will have a more unfavorable effect on corn and other summer crops. Eastern areas of the continent are more likely to see some showers and cooler temperatures as fronts pass through going through next week.

SHOWERY IN THE BLACK SEA REGION

Scattered showers have been frequent over the last couple of months and continue in the Black Sea region this week as systems pass through rather frequently. Though the showers aren't unwelcome, some warmer temperatures and dryness would be preferred in many areas for maturing wheat and developing corn.

MORE SHOWERS FOR AUSTRALIA DURING BUILDING EL NINO

A system moved through western Australia over the weekend with scattered showers. The system will slowly move through eastern areas this week with additional showers. Many areas have seen improved soil moisture over the last month. The frequent rainfall is somewhat unusual during a building El Nino, which favors drier conditions. That becomes more true deeper into the winter and in early spring, which may have a more damaging impact for winter wheat and canola later this year.

OVERALL GOOD WEATHER FOR CORN AND SOYBEANS IN CHINA

Scattered showers moved through northeastern China over the weekend and continue this week, being overall favorable for corn and soybean development. Somewhat drier conditions on the North China Plain are promoting wheat and canola harvest. Overall, favorable conditions are felt in most areas after some disruption this spring.

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

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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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