Market Impact Weather
Consistent Plains Rain Prospect
OMAHA (DTN) -- More indications of rainfall for much of the central U.S. and favorable temperature and shower combinations across South America are the key weather items for the commodity trade's attention Friday.
FAVORABLE MIDWEST RAIN CHANCE
The DTN ag weather forecast calls for moderate to locally heavy rain to cover most of the Midwest through the next week. The coverage area includes a dry sector of the southern half of the region. The precipitation will be useful in easing dryness ahead of spring planting.
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BENEFICIAL MOISTURE FOR SOUTHERN PLAINS
In the Southern Plains, beneficial precipitation during the next 10 days will improve conditions for developing winter wheat. Crop ratings have been falling due to hot and dry weather depleting soil moisture.
CONTINUED MILD BRAZIL TRENDS
In central Brazil, mild temperatures and periods of showers continue to bring favorable conditions for developing second crop corn. In addition, favorable conditions for maturing and harvesting soybeans are in effect in southern Brazil.
BENIGN ARGENTINA PATTERN
Argentina remains under the influence of a benign weather pattern, with seasonal temperatures and periods of showers. This combination favors late filling and maturing corn and soybeans in the major growing areas.
Bryce Anderson can be reached at bryce.anderson@dtn.com
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