Market Impact Weather

OMAHA (DTN) -- Improving rain chances for northern Argentina, and a trend of dry conditions in the Southern Plains are the key weather items for the commodity trade's attention Tuesday.

SLUGGISH EASTERN MIDWEST HARVEST

The DTN ag weather forecast calls for a continued sluggish pace of harvest in the eastern Midwest due to wet fields from recent rain, along with periods of light precipitation during the balance of this week. Wisconsin, Michigan, Indiana and Ohio have the greatest delays. Western Midwest harvest will finish for many producers because of drier conditions.

SOUTHERN PLAINS DRYNESS CONTINUES

Dry and warm conditions in the Southern Plains continue, with some effect showing in winter wheat conditions. Good to excellent ratings show notable declines compared with a week ago, especially in Oklahoma and Texas. Further drying is in store this week, as temperatures may soar to 30 degrees Fahrenheit above normal.

RAIN CONTINUES FOR BRAZIL

Brazil's central and northern crop areas remain in line for moderate to locally heavy rain through the balance of this week, offering further soil moisture benefit for crops. Southern areas already have adequate to surplus soil moisture from earlier-season rainfall.

NORTHERN ARGENTINA SHOWERS

In Argentina, northern crop areas have a strong likelihood of taking in moderate to locally heavy rainfall during the next week. This would be very timely and needed moisture, if the forecast verifies, and will be closely monitored.

HOT AND DRY IN SOUTH AFRICA

Hot and dry conditions cover South Africa's crop areas early this week. Western locales are likely stressed by this pattern due to limited soil moisture supplies.

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

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