Market Impact Weather

OMAHA (DTN) -- More rain and cool weather in the Midwest, and continued favorable precipitation trends in South America, are the key weather items for the commodity trade's attention Thursday.

SHOWERS AND COOL FOR MIDWEST

The DTN ag weather forecast calls for additional rain across the Midwest through the next week. Heaviest amounts will occur in southern and eastern areas; however, light to moderate activity elsewhere will still be noted. This pattern, along with generally cool weather, will disrupt and delay corn planting and early growth of already-planted corn. Soil moisture supplies are adequate to surplus in many areas, offering good support for crops once planting and germination are done.

WEEKEND SOUTHERN PLAINS RAIN

In the Southern Plains, periods of rain remain in the forecast through the weekend, offering additional soil moisture for winter wheat. Temperatures will be cooler, but not cold enough to bring a frost threat.

MORE NORTHERN MOISTURE

Northern Plains and Canadian Prairies crop areas have very few chances for meaningful fieldwork through the weekend week due to periodic rain along with already-wet soils following heavy winter snow and spring snow melt.

CONSISTENT BRAZIL RAINFALL

Across Brazil, rain chances continue to be featured across the major crop areas. The rain will favor development of second-crop corn (safrinha).

LIGHT RAIN FOR ARGENTINA

In central Argentina, light rainfall, with totals of no more than one-half inch (12 millimeters) is indicated through the weekend. This drier trend will improve conditions for mature crops and harvesting following recent episodes of very heavy rain and flooding.

ADDITIONAL UKRAINE PRECIPITATION

In Ukraine, a new round of rain and snow is in store over the next few days. This will provided needed moisture for winter grains and early planted spring grains but it will also disrupt 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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