Market Impact Weather

OMAHA (DTN) -- Hot weather and dry conditions in Argentina, and a rain across central Brazil, are the key weather items for the commodity trade's attention Monday.

BENIGN MIDWEST TREND

The DTN ag weather forecast calls for a round of snow with some freezing precipitation in the western Midwest during the first half of this week. The focus of this wintry precipitation will be in northern Iowa through Minnesota. Transportation will be disrupted, and some livestock stress may occur. Elsewhere, there are no major issues through this last full week of January.

EARLY GREEN-UP IN SOUTHERN PLAINS WHEAT

In the southern Plains, recent very significant precipitation will recharge soil moisture for wheat. There are indications that wheat in some areas is breaking dormancy, which is very early for this stage of the crop cycle, and would put the crop in a vulnerable situation in the event of a harsh cold wave.

NORTHERN PLAINS SNOW

In the Northern Plains, snow and ice will affect travel and transportation early this week. Improving conditions are indicated starting Wednesday.

CENTRAL BRAZIL RAIN

Scattered thunderstorms in central Brazil crop areas may improve the outlook for second crop corn but the rain will also delay the harvest of early soybeans and early corn. Mostly favorable conditions for soybean and corn areas of southern Brazil at this time, despite a drier trend in Rio Grande do Sul.

ARGENTINA HEAT AND DRYNESS

In central Argentina, a pattern of drier conditions and high temperatures is forecast over the primary corn and soybean areas during the next 10 days. This will favor developing corn and soybeans in Cordoba, Santa Fe and northern Buenos Aires after recent heavy rains and flooding, at least for a while. Extreme heat that occurred in southern Buenos Aires and La Pampa early this weekend ended with a few strong storms later in the weekend. Another round of heat and dryness is expected this week. This will maintain high stress and reduce crop yield prospects for La Pampa, west and south Buenos Aires.

DECREASING UKRAINE SNOW COVER

Satellite imagery from Ukraine shows decreasing snow cover over a steadily-larger area. Low temperatures near zero Fahrenheit (minus 17 Celsius) forecast this week leave crops at a higher risk from cold damage.

MILD SOUTH AFRICA TREND

In South Africa, a generally favorable temperature pattern is beneficial for crops at this time.

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

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