Commodities Market Impact Weather
Milder Temperature Trend
OMAHA (DTN) -- A notably milder trend in central United States temperatures, and rain focusing on drier northern Brazil crop areas, are the key weather items for the commodity trade's attention Friday.
MODERATING MIDWEST TEMPERATURES
The DTN ag weather forecast calls for improving conditions for delayed row crop harvest in the Midwest during the next week, as temperatures moderate and mainly dry weather continues. Snow cover will melt slowly. There is some chance for heavier precipitation next Wednesday and Thursday, which would likely mean slowdowns in late-season fieldwork.
MILDER IN NORTHERN PLAINS
In the Northern Plains, only scattered light precipitation during the next week will allow continued progress for the much-delayed row crop harvest.
VARIABLE SOUTHERN PLAINS PATTERN
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Southern Plains crop areas will have higher temperatures with diminishing risk to winter wheat during the next 10 days, although still cool to cold at times later in the period. Increasing precipitation chances during the six to 10-day time frame will favor south and east crop areas, while in the west-central and northwest areas it might remain drier.
FAVORABLE BRAZIL CONDITIONS
Across Brazil, west-central and northeast soybean areas will see showers and lower temperatures during the next week, offering improved conditions for planting and developing crops. Southern Brazil will have drier conditions, favorable for planting after recent heavy rain.
MIXED ARGENTINA RAIN PROSPECT
Argentina's crop areas have dry and hot conditions indicated over eastern Cordoba and Santa Fe states through the middle of next week. The forecast suggests some chance for rain next Thursday, which, if verified, would ease concern for crops after this hot and dry stretch.
STILL DRY IN AUSTRALIA
There is again no significant rain in store for the next 10 days in drought-affected Australia wheat areas. Wheat prospects have been lowered due to drought. Drought has also intensified wildfires.
SOUTH AFRICA SHOWERS
South Africa's crop areas are benefiting from recent and expected rainfall and a variable temperature pattern, which have improved conditions for planting and early development of crops.
Bryce Anderson can be reached at bryce.anderson@dtn.com
Follow him on Twitter @BAndersonDTN
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