Market Impact Weather

OMAHA (DTN) -- Variable weather for Brazil's crops, favorable conditions in Argentina and a mainly dry outlook for the Midwest and Plains, are the key weather items for the commodity trade's attention Friday.

DRIER, WARMER TREND FOR MIDWEST

The DTN ag weather forecast calls for no significant weather to affect transport for hogs or to increase stress to livestock during the next five to seven days. In the eastern Midwest, soil moisture has been recharged this winter after drought conditions in southern areas last fall. In the six- to 10-day outlook for the Corn Belt, above-normal temperatures and below-normal precipitation are expected.

CONTINUED SOUTHERN PLAINS DRYNESS

In the Southern Plains, mostly dry conditions are expected from today through Sunday. The National Weather Service has issued red flag warnings today in some areas of the Central and Southern Plains; wildfire dangers are high because of dryness, low humidity and high winds. The six- to 10-day outlook continues to see below-normal precipitation.

WET WEATHER AFFECTS BRAZIL'S SOY CROP

Wet weather in Mato Grosso in Brazil has raised concerns about quality of the soybeans being harvested. This pattern of above-normal rainfall looks to continue during this period. Wet weather favors development of second-crop corn in central Brazil areas. Generally favorable conditions continue for filling soybeans in southern Brazil.

FAVORABLE ARGENTINA CONDITIONS

Favorable conditions continue for developing and filling corn and soybeans in the major growing areas of central Argentina. There has been some improvement in rainfall in the double-crop soybean areas in the south.

RAINS EASE DRYNESS CONCERNS IN FRANCE

Recently, concerns have increased over mid-winter dryness in France, especially as crops have broken dormancy about a month ahead of normal. However, this week it began to rain and this should help ease concerns somewhat. Also, periods of cooler weather should slow development of crops.

WARMER FOR SOUTH AFRICA

South Africa crops will benefit from a warmer period, with only scattered showers, after recent heavy rains hit the region last week.

WARMER TREND FOR UKRAINE, RUSSIA

Recent warm weather in Ukraine and Russia melted much of the protective snow cover and even led to some greening of crops in extreme south areas. The crop would be more vulnerable if it turned colder. The weather patterns during the next 10 days appear to feature warm or very warm weather with no significant cold threats during that period. This may push crop development even further ahead of normal.

FAVORABLE CONDITIONS IN INDIA

A significant rain event spread needed moisture to the winter wheat areas of Pakistan and India late in January. This should supplement irrigation for the crop likely jointing to possibly early reproductive at the time and will be considered favorable.

RAIN HELPED EASE AUSTRALIA CROP STRESS

Mid-summer hot, dry weather increased stress to sorghum and cotton crops after a favorable start to the growing season during the spring months in Australia. Recent rainfall and cooler conditions have helped to ease stress to crops and will favor late development, especially for cotton.

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

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