Market Impact Weather

OMAHA (DTN) -- Slow progress in Midwest harvest, and a week's worth of dry conditions in central Brazil, are the key weather items for the commodity trade's attention Thursday.

SLOW MIDWEST HARVEST

The DTN ag weather forecast calls for a drier pattern to form during the next week to 10 days. This will offer better conditions for field and crop drying along with harvest progress. However, progress will be slow in the western areas, especially in Iowa, due to recent heavy precipitation and additional showers forming during the weekend.

PROMISING SOUTHERN PLAINS SOIL MOISTURE

In the Southern Plains, recent rain provides favorable soil moisture for germination and early development of winter wheat. Rains have slowed planting progress, but conditions for planting should improve through the weekend.

MILD IN DELTA

The Delta has no significant concerns for seasonal fieldwork at this time. Harvesting of soybeans, cotton and peanuts and planting of winter wheat should continue with little delay.

FAVORABLE SOUTHEAST PATTERN

Southeastern U.S. crop areas have a drier trend through most of the next week. This will offer better conditions for harvest after recent very heavy rainfall due to tropical weather system activity.

WARMER AND DRIER IN NORTHERN PLAINS

In the Northern Plains, ongoing warmer and mostly dry conditions over the next week will favor harvest progress.

CENTRAL BRAZIL DRYNESS

Central Brazil will be hot and dry for at least another week. This pattern reduces soil moisture and increases the risk to recently planted soybeans.

BENEFICIAL ARGENTINA MOISTURE

Across Argentina, a dry forecast offers beneficial conditions for crop planting. Soil moisture is in ample supply following heavy rain in September.

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

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