Commodities Market Impact Weather
South America Rain Benefit
OMAHA (DTN) -- South America rain benefit and protective snow cover in the Black Sea winter wheat region are the primary features for the commodity market's attention Wednesday.
VARIABLE MIDWEST PATTERN
The DTN ag weather forecast calls for light snow showers and flurries to cross the Midwest during the coming weekend. Actual precipitation will be limited, especially in drought areas of the western Midwest.
LIMITED SOUTHERN PLAINS MOISTURE
Moisture across the Southern Plains wheat areas will be limited in the next week. Portions of Texas will have light rain. However, most winter wheat areas will be dry. Severe to extreme drought is in effect in the western sector of the region.
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MAINLY DRY ACROSS NORTHERN PLAINS
In the Northern Plains, mainly dry conditions are indicated through the next week. Precipitation will be in the form of light snow, with no more than light amounts. Temperatures will be chilly but not extremely cold for this point in the winter season.
CENTRAL BRAZIL RAIN FORECAST
Central and south-central Brazil have additional rain in the forecast through the next seven days. Rainfall will benefit filling soybeans and offers some moisture potential for the upcoming second-crop (safrinha) corn planting season. Drier conditions are in store for northeastern crop areas.
FAVORABLE ARGENTINA RAIN
Central Argentina has seen precipitation totals exceeding normal amounts during the past two weeks. This moisture has been useful for crops. Additional showers are indicated in the seven-day forecast.
FAVORABLE BLACK SEA SNOW COVER
In the Black Sea region, recent snowfall in eastern Ukraine and Russia has offered favorable snow cover. Winterkill damage from a weekend cold snap appears to have been limited due to the protective snow.
Bryce Anderson can be reached at bryce.anderson@dtn.com
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