Market Impact Weather

OMAHA (DTN) -- More showers to delay eastern Midwest harvest, and additional rain in central Brazil's forecast, are the key weather items for the commodity trade's attention Thursday.

MORE EASTERN MIDWEST RAIN

The DTN ag weather forecast calls for continued rain in the eastern Midwest to disrupt late-stage corn harvest, notably in Indiana and Ohio. Western Midwest crop areas are drier with more favorable conditions for the remaining harvest.

SOUTHERN PLAINS TREND DRIER

Favorable conditions for developing winter wheat continue in the Southern Plains. Soil moisture due to early season rainfall will favor crop development. However, a drying trend in the region does bear watching as we head into winter dormancy. The past 30 days have seen total precipitation well-below average in the western half of the region.

BENEFICIAL CENTRAL BRAZIL RAIN

Central Brazil has a more favorable rainfall pattern for planting and developing soybeans in central Brazil after earlier hot, dry weather. A break in the rainy pattern over southern areas that began during on the weekend continued early this week. This may help improve conditions for planting and early development. Rain returns to the area later in the week, maintaining adequate to surplus soil moisture but slowing seasonal fieldwork, especially over Parana.

LIMITED ARGENTINA RAIN

Central Argentina crop conditions continue to be favorable for planting and development of corn and soybeans, although drier weather during the next seven days will deplete soil moisture.

IMPROVED SOUTH AFRICA MOISTURE

Recent rainfall in south Africa crop areas has improved soil moisture supplies for all but the far western crop areas.

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

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