Market Impact Weather
Central Brazil Rain
OMAHA (DTN) -- Continued rain for second-crop corn in central Brazil and additional dryness in the Southern Plains are the key weather items for the commodity trade's attention Friday.
WARMING TREND FOR MIDWEST
The DTN ag weather forecast calls for a warming trend in the Midwest through the coming weekend. Values will be well above normal in western areas, and near to above normal in eastern sectors. The milder trend will allow for spring field work resumption in the western Midwest. Eastern areas will continue to be slowed down in progress due to light wintry precipitation and cooler temperatures.
ADDITIONAL SOUTHERN PLAINS DRYNESS
In the Southern Plains, chances for meaningful rainfall remain low during the next five days. There appears to be some chance for rainfall to occur next week, but most activity will be outside the driest sectors of the western and southwestern portions of the region. Temperatures in the 80s and low 90s this weekend will increase stress to developing wheat.
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MILD AND DRY IN NORTHERN AREAS
Northern Plains and Canadian Prairies areas will be mainly dry over the next five days. This pattern will also include milder temperatures, and will be favorable for livestock along with bringing some easing of flood risk in eastern areas.
MORE CENTRAL BRAZIL RAIN
Across Brazil, central areas will have additional rain in the next five days. The rain will be helpful for second-crop corn (safrinha). Meanwhile, generally favorable conditions for filling soybeans are in effect in southern Brazil.
FAVORABLE ARGENTINA TEMPERATURES
Central Argentina has additional beneficial temperatures for late-season crop stages. A mostly dry pattern is also forecast, which will favor early harvest. Yield reports are strong for corn and soybeans.
STORMS FOR EASTERN AUSTRALIA
Eastern Australia sorghum and cotton areas have seen damage from heavy rain and strong winds during the past week. More damage is possible, as additional heavy thunderstorms are forecast during the next week.
Bryce Anderson can be reached at bryce.anderson@dtn.com
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