Market Impact Weather

OMAHA (DTN) -- Mixed precipitation offering some harvest progress in the Midwest, and ongoing drier conditions in central Brazil, are the key weather items for the commodity trade's attention Monday.

VARIABLE MIDWEST FORECAST

The DTN ag weather forecast calls for variable rainfall over the Midwest during the next week. This will allow for resumption of harvest. Moderate to heavy precipitation is still in the forecast for portions of the western Midwest, especially in Iowa, which will hinder widespread harvest activity.

FAVORABLE SOUTHERN PLAINS MOISTURE

In the Southern Plains, recent rains provide favorable soil moisture for germination and early development of winter wheat. Rains may have slowed planting progress somewhat, but conditions for planting should improve this week. Cold weather early this week will slow development of early planted wheat.

HEAVY RAIN IN SOUTHEAST

Southeastern U.S. crop areas saw heavy rain and strong winds from former Hurricane Nate over the past weekend. Heaviest precipitation was noted in Alabama and western Georgia. This likely will delay harvest progress for a time.

FAVORABLE NORTHERN PLAINS TREND

In the Northern Plains, drier conditions at the end of the week and through the weekend will be favorable for harvest.

CENTRAL BRAZIL STAYS DRY

Central Brazil remains dry early this week. This drier trend reduces soil moisture and slows planting, along with increasing the risk to recently planted soybeans. Soybean planting is much slower than a year ago, when Brazil soybean production set a new record.

LIGHT ARGENTINA SHOWERS

Central Argentina has light rain indicated in the next couple days. The lighter precipitation trend may allow for some drying out of soils and improved fieldwork conditions.

WEEKEND UKRAINE SHOWERS

Moderate to heavy rain occurred in southern and Ukraine during the past weekend. This will improve prospects for planting winter grains following a very dry summer and early fall period. The rain has yet to reach all the way through eastern Ukraine or into south Russia.

SCATTERED AUSTRALIA RAINFALL

In eastern Australia, beneficial rains developed over the past weekend in northern New South Wales. The rain is needed for wheat. Southern New South Wales, along with Victoria and South Australia, have dryness concerns for wheat.

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

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