Commodities Market Impact Weather
Bitter Cold Wave
OMAHA (DTN) -- A bitter-cold pattern over the central U.S., and rain indicated for moist Brazil crop areas, are the key weather items for the commodity trade's attention Tuesday.
EXTREME MIDWEST COLD
The DTN ag weather forecast calls for harsh Arctic cold to cover the Midwest during this week, preceded by snow squalls. Snow, cold and cold winds are also leading to transportation delays. The pattern is forecast to modify during the last half of the week, with drier and more seasonal conditions. This will favor harvest.
HARSH NORTHERN PLAINS COLD
In the Northern Plains, mostly dry conditions through the next week will allow continued progress for the much-delayed row crop harvest. Temperatures will be very low during the next few days, followed by moderating temperatures.
BRIEF AND INTENSE SOUTHERN PLAINS COLD
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Very cold conditions in the Southern Plains during this early week may be harsh enough to cause some damage to winter wheat. The pattern begins Wednesday to modify to more seasonal temperatures.
EXPANDING BRAZIL RAIN
Across Brazil, rainfall continues in Parana, Mato Grosso do Sul and Mato Grosso. Rio Grande do Sul in the far south has adequate to surplus soil moisture. Additional rain in these areas is forecast this week, including expanding into northeast areas.
CONTINUED ARGENTINA SHOWER CHANCE
Rain remains in the forecast for western Argentina crop areas. This prospect will be watched closely. Rain is especially needed in Cordoba.
DRY AUSTRALIA FORECAST
No significant rain is indicated for Australia's primary wheat areas through the next 10 days. Wheat prospects continue to be lowered due to dryness. Wildfire damage has also been extensive, exacerbated by drought.
INCREASING SOUTH AFRICA RAIN
South Africa has increasing showers and a variable temperature pattern offering improved conditions for planting and early development of corn and sugarcane.
Bryce Anderson can be reached at bryce.anderson@dtn.com
Follow him on Twitter @BAndersonDTN
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