Market Impact Weather

OMAHA (DTN) -- Periodic showers disrupting Midwest harvest, and a promising central Brazil rain forecast, are the key weather items for the commodity trade's attention Friday.

CONTINUED SLOW MIDWEST HARVEST

The DTN ag weather forecast calls for cool and periodically wet conditions to continue to slow Midwest harvest progress through early next week, especially over the eastern Midwest.

DRIER IN SOUTHERN PLAINS

In the Southern Plains, soil moisture due to early-season rainfall is favorable for wheat. However, a drying trend in the region does bear watching as we head into winter dormancy.

HIGHER CHANCE FOR CENTRAL BRAZIL RAIN

In central Brazil, an improving rainfall pattern for planting and developing soybeans is indicated after several weeks of hot and dry weather. The most notable sector for shower chances is in eastern Mato Grosso through Goias.

CONTINUED ARGENTINA SHOWERS

Central Argentina has mostly favorable conditions at this time for planting and development of corn and sunflower and for developing winter wheat. Scattered thunderstorms during the past 36 hours will maintain adequate to surplus soil moisture for developing crops, but will also delay seasonal fieldwork.

NEAR-NORMAL IN UKRAINE

In Ukraine and southern Russia, recent light-to-moderate precipitation with some heavy totals will help recharge soil moisture for winter grains while also delaying any late-autumn fieldwork. Colder weather will slow crop development, which will limit the chances for improved condition of the crop heading into winter dormancy. A drier period is currently on going in the region, favoring seasonal fieldwork.

WARM AND DRY IN AUSTRALIA

A drier and warmer period is in place through east-central Australia. This should help improve conditions for mature wheat and wheat harvesting. Soil moisture and warm weather favor development of cotton and sorghum. Scattered thundershowers may return to the area later this weekend or early next week.

SOUTH AFRICA RAIN WATCH

There are indications of an increase in scattered thundershowers for the South Africa Maize Triangle region later next week. This would be important for crop moisture following a dry and hot spell during the past week.

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

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