Market Impact Weather

OMAHA (DTN) -- Frequent showers and cool weather in the Midwest, and a status-quo beneficial scenario in South America, are the key weather items for the commodity trade's attention Wednesday.

SLOW PLANTING FOR MIDWEST

The DTN ag weather forecast calls for continued moderate to locally heavy rain across the Midwest through the next week, into the final few days of April. The rain will produce an uneven pace of corn planting while maintaining adequate to surplus soil moisture.

FAVORABLE SOUTHERN PLAINS TRENDS

In the Southern Plains, periods of rain remain in the forecast, with favorable soil moisture impact for winter wheat. Temperatures stay mild with no frost threat.

SHOWERS HINDER NORTHERN PROGRESS

Northern Plains crop areas have very few chances for meaningful fieldwork during the rest of this week due to periodic rain along with already-wet soils following heavy winter snow and spring snow melt.

CENTRAL BRAZIL RAIN

Across Brazil, scattered rain is in store for Parana and Mato Grosso do Sul through the end of the week. The rain will favor development of second-crop corn (safrinha).

BENEFICIAL ARGENTINA PATTERN

In central Argentina, mostly dry conditions remain in effect during the next week. This should help improve conditions for mature crops and harvesting following recent episodes of very heavy rain and flooding. Soil moisture for winter wheat planting is likely to be favorable as the planting effort begins next month.

SNOW AND COLD IN UKRAINE

In Ukraine, a turn to colder weather is progressing from west to east.

Rain occurred in eastern Ukraine Tuesday but this has turned to snow, and in some locales heavy snow. This likely will slow and halt fieldwork that had been increasing under a very warm and mostly dry weather pattern recently. A secondary disturbance will bring rain and mixed snow to Moldova and South Ukraine during the coming days. This will provided needed moisture for winter grains and early planted spring grains but it will also affect spring fieldwork. Low temperatures will slow or halt development of winter grains and germination and emergence of spring grains.

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

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