Market Impact Weather

OMAHA (DTN) -- A promising round of rain for southern Argentina, and variable precipitation indicated for Brazil, are the key weather items for the commodity trade's attention Wednesday.

BRIEF MIDWEST SNOW

The DTN ag weather forecast calls for a short-term round of snow in the beltline of the Midwest during the next 24 hours. The snow and accompanying cold weather will cause some travel and transportation disruption. The pattern turns much warmer by late in the week through the weekend.

DRY FOR SOUTHERN PLAINS

Southern Plains wheat areas will be generally dry through the rest of the week. Soil moisture conditions are generally favorable in Kansas, but continue to be dry in Oklahoma and the Texas Panhandle.

VARIABLE BRAZIL RAIN

Across Brazil, moderate to heavy rain continues to be indicated for northeastern crop areas through the rest of this week. This will be favorable for soil moisture in a dry sector of the country. Central Brazil will have lighter precipitation, favoring harvest progress. Southern Brazil will see locally heavy rainfall, leading to some delays in harvest while keeping soil moisture at favorable levels for double-crop development.

BENEFICIAL SOUTHERN ARGENTINA FORECAST

In Argentina, southern crop areas are in line for moderate to locally heavy rain during the next few days. This would be very welcome moisture after a dry start to the year. Central Argentina will be drier and more favorable for crop areas following heavy rain and flooding.

PATTERN CHANGE IN EUROPE

Across Europe, a change in the weather pattern has resulted in milder temperatures along with widespread rain, following a cold and dry start to the year. This combination improves soil moisture for winter crops and builds irrigation supplies for summer crops later this year.

NO DAMAGE FROM RUSSIA COLD WAVE

Recent nights in Russia and Ukraine have featured some bitter-cold temperatures, with values in the range of minus 20 to minus 30 Celsius (minus 4 to minus 22 Fahrenheit). However, winter wheat was protected from bitter cold weather by a moderate to deep snowpack over most of the region. Snow depth ranges from 10 to 60 centimeters (4 to 24 inches). The only area of concern is in portions of the Russia Southern District (Krasnodar Krai), where warmer weather has melted most of the snow cover.

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

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