Market Impact Weather

OMAHA (DTN) -- More favorable conditions for Brazil's soybean harvest, and a brief but intense snowstorm for the western Midwest, are the key weather items for the commodity trade's attention Wednesday.

WESTERN MIDWEST SNOWSTORM

The DTN ag weather forecast calls for a major winter storm to move through the western and northern Midwest during the late-week time frame, mostly Thursday through Friday. Heavy snow is expected with this storm system. The storm will be stressful to livestock and transportation; however, effects are expected to be short-lived due to limited cold air behind the storm system.

MINIMAL SOUTHERN PLAINS COLD THREAT

In the Southern Plains, a colder weather pattern is in store through the end of the week. However, despite some early emergence from dormancy, the pattern does not appear to pose a serious cold threat to winter wheat.

BENEFICIAL BRAZIL HARVEST PATTERN

Brazil continues with beneficial conditions for soybean harvest and winter corn planting. The five-day forecast has light-to-moderate rainfall and only brief delays, if any, to harvest progress.

MILD TREND IN ARGENTINA

In central Argentina, there are very few issues for crop weather this week. Thunderstorms late last week may have caused local flooding to occur but nothing widespread. Adequate-to-surplus soil moisture is seen in the key growing areas at this time. Hot weather this week, especially in southern areas, may increase stress for a time to developing crops in La Pampa and southern Buenos Aires. However, thunderstorms develop in the area this coming Sunday and Monday.

FAVORABLE RUSSIA PATTERN

Wheat in Russia and Ukraine continues to have a favorable late-winter temperature pattern. Prior cold weather occurred during periods when snow cover should have protected the crop from damage.

SHOWERS BENEFIT SOUTH AFRICA

South Africa crop areas received thunderstorms with heavy rain during the first part of this week. This will provide adequate to surplus soil moisture for crops and is mostly favorable, except in areas of local flooding or severe weather. Maize is likely reproductive to filling at this time.

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

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