Commodities Market Impact Weather

OMAHA (DTN) -- Rain chances in the extended forecast over Brazil and mixed precipitation in the central United States are the key weather items for the commodity trade's attention Tuesday.

WET MIDWEEK IN MIDWEST

The DTN ag weather forecast calls for periods of rain and snow to move across the Midwest during this midweek time frame. The rain and snow will improve soil moisture. Late-stage harvest in the eastern sector of the region will be disrupted by this precipitation. In addition, fall fieldwork will have slowdowns, especially in areas affected by the summer derecho wind event.

MIXED PLAINS PRECIPITATION

Southern Plains winter wheat is going into dormancy with condition ratings that are lower than a year ago. A swath of mixed precipitation offers some moisture for the region during the balance of the week. This precipitation will be closely watched for possible benefit in the driest southwestern sector of the region.

DRY PATTERN FOR NORTHERN PLAINS

The Northern Plains regions has a dry and mild pattern for the season during this week. No stressful cold is expected.

DELTA AND SOUTHEAST RAIN

Delta and Southeast crop areas have moderate to heavy rain in store through the next week. Rain will cause some disruption to late cotton harvest.

BRAZIL EXTENDED RAIN WATCH

Central Brazil has a hot and dry forecast this week. Temperatures will exceed 100 degrees Fahrenheit. This pattern is stressful to developing soybeans and corn. Rain chances are indicated for southern Brazil during the next week. This prospect will be closely watched. Only light rain is indicated for central Brazil, however.

VARIABLE ARGENTINA RAIN

Argentina has light to locally moderate rain in the forecast for northern crop areas through the next seven days. This rain chance will be closely watched.

SCATTERED AUSTRALIA SHOWERS

Australia wheat areas have only scattered light showers through the weekend. Very limited wheat harvest disruption is indicated. The 2020 harvest is much larger than drought-affected crops from the past two seasons.

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

Follow him on Twitter @BAndersonDTN

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