Commodities Market Impact Weather

OMAHA (DTN) -- Better weather and improving transportation conditions for the Midwest, and rain and showers for Brazil, are the key weather items for the commodity trade's attention Wednesday.

MIDWEST CONDITIONS IMPROVE

The DTN ag weather forecast calls for better weather today and Thursday in the Midwest to allow improving conditions for transport. Minor disturbances moving across the region may cause local problems during Friday and the weekend. Early next week heavier precipitation may affect the Delta and the Ohio River valley, but this is a little uncertain.

MOSTLY FAVORABLE CONDITIONS IN CENTRAL, SOUTHERN PLAINS

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.

RAIN, SHOWERS IN BRAZIL

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 recent 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.

ACTIVE WEATHER PATTERN FOR CHINA

An active fall and winter period near the Yangtze River Valley of eastern China will provide favorable moisture for crops in the region come spring. This is mainly affected the winter rapeseed crop but the moisture has, at times, extended into the southern winter wheat belt. The northern winter wheat areas have been drier, typical for this area during the winter months.

COOL, SHOWERS IN INDIA

Episodes of scattered showers and cool weather during this winter will mostly favor development of crops in India, although possibly slowing development somewhat at times.

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

(AG)

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