Commodities Market Impact Weather

Snow, Rain and Ice Continue to Affect Midwest

Elaine Shein
By  Elaine Shein , DTN/Progressive Farmer Associate Content Manager
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OMAHA (DTN) -- Snow, rain and ice affecting transportation and livestock in the Midwest, and rain in central and southern Brazil, are the key weather items for the commodity trade's attention Tuesday.

MIDWEST SNOW, RAIN AND ICE

The DTN ag weather forecast calls for snow, ice and rain to continue to affect transportation and stress livestock early this week. The heavier precipitation may shift to the south for a time during the weekend and early next week. The Delta, Southeast and the mid-Atlantic regions will be affected more than the Midwest.

MOSTLY FAVORABLE CONDITIONS IN CENTRAL, SOUTHERN PLAINS

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Mostly favorable conditions are forecast for the overwintering wheat crop in the central and southern Plains, although soil moisture supplies have decreased significantly in west Texas with reports of the crop in need of moisture. No damaging cold is indicated at this time.

BRAZIL RAIN

Moderate to heavy rain and thunderstorms in southern Brazil crop areas favors late-filling soybeans but the rain will also delay seasonal fieldwork, especially the soybean harvest and the planting effort for safrinha corn in and around Parana. Rain in Parana favors development of recently planted corn. Increasing showers in central Brazil crop areas will favor late-filling soybeans and developing safrinha corn, but may slow the soybean harvest and the corn planting at times. In general, a net benefit to corn is expected, despite potential fieldwork delays.

RAIN, COOLER WEATHER IN ARGENTINA

Cool weather and recently rainfall will favor development of crops in Argentina's central growing belt. Cool weather also favors developing sunflower in southern locations but the hot, dry weather may return to this area before and during the weekend.

MOSTLY FAVORABLE CONDITIONS FOR BLACK SEA REGION

Mostly favorable conditions are forecast for overwintering crops in the Black Sea region. Autumn drought limited winter crop emergence and establishment from eastern France and the Low Countries into Germany and northwestern Poland as well as portions of the western and central Balkans; producers will likely need to replant in the spring in the worst drought areas.

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

(AG)

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Elaine Shein

Elaine Shein
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