Commodities Market Impact Weather

OMAHA (DTN) -- Moderate to heavy rain in Brazil, a warming trend in Argentina and some precipitation this week for the Central and Southern Plains are the key weather items for the commodity trade's attention Tuesday.

WEEKEND PRECIPITATION IN MIDWEST

The DTN Ag Weather forecast calls for temperatures to increase through the next few days with a system moving through Friday through the weekend with moderate precipitation, including snow over the north. Any remaining corn waiting to be harvested in the east will continue to find delays while wheat is going dormant in good condition.

MODERATE PRECIPITATION AHEAD FOR SOUTHERN PLAINS

In the Southern Plains, temperatures above normal allowed most of last week's snow to melt. After a couple more dry and warm days, a system will move through with chances for moderate precipitation across much of the region late Thursday into Saturday, including snow.

MILD IN NORTHERN PLAINS

In the Northern Plains, dry and mild conditions continue for the next few days with little to no stress on livestock. Temperatures will fall closer to normal behind a front on Thursday, but mild conditions will continue into next week.

DRIER UNTIL WEEKEND FOR SOUTHEAST

Southeast crop areas have dry weather during the next few days that will improve conditions. Another system will bring showers during the weekend into early next week which could cause further delays.

RAINS FORM IN CENTRAL BRAZIL

Scattered moderate to heavy showers migrated back into central portions of Brazil during the weekend, just in time for corn and soybeans reaching reproductive stages. Extreme dryness last week will contrast with above normal precipitation this week into next week. Southern areas will be drier during the majority of the week, which could induce stress if showers that move this weekend into next week are too isolated.

LIGHT ARGENTINA RAIN

Argentina crop areas are expected to have little to no precipitation through Wednesday with showers moving into southern areas late Thursday into Friday and over northern areas Friday into Saturday. A few rounds of showers may develop through next week. In the interim, heat and dryness may stress developing corn and soybeans, but will be good for the winter wheat harvest.

DRIER WEEK FOR AUSTRALIA

Australia will have somewhat drier conditions this week, but temperatures will be below normal, reducing the demand for water. Scattered showers look to move back into eastern areas late this week and weekend.

Elaine Shein can be reached at elaine.shein@dtn.com

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