Market Impact Weather
Midwest Planting Delays
OMAHA (DTN) -- Rainfall to slow down Midwest field work and corn planting, and continued drier conditions forecast in Argentina, are the key weather items for the commodity trade's attention Tuesday.
RAIN SLOWS MIDWEST PLANTING
The DTN ag weather forecast calls for showers and thunderstorms to continue hindering field work and corn planting in the Midwest. Moderate to heavy amounts of precipitation are indicated through the next week to 10 days. Soil profiles are saturated in Iowa, Illinois and Minnesota. Corn planting is several days behind average in Illinois, and a week late in Missouri.
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IMPROVING SOUTHERN PLAINS CONDITIONS
In the Southern Plains, conditions have greatly improved due to recent rain and mild temperatures. Warmer temperatures during the coming days will promote development of wheat. Kansas wheat ratings improved by 5 percentage points to 48 percent good to excellent in the latest USDA crop condition report.
CENTRAL BRAZIL SHOWERS
Across Brazil, southern crop areas will be drier over the balance of the week. This will favor maturing crops and harvest after recent wet conditions. Central crop areas have light to moderate showers forecast, which are beneficial for soil moisture for the winter corn crop (safrinha).
CONTINUED DRIER ARGENTINA OUTLOOK
Argentina's forecast continues to indicate a drier trend through the rest of this week. This will ease flooding brought on by very heavy rain during the past weekend into the first of the week. Rainfall amounts exceeded 10 inches (100 millimeters) in north-central Buenos Aires province in just a 72-hour time period.
Bryce Anderson can be reached at bryce.anderson@dtn.com
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