Market Impact Weather

Limited Rain Opportunities for Argentina

Elaine Shein
By  Elaine Shein , DTN/Progressive Farmer Associate Content Manager
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OMAHA (DTN) -- Cold and mainly dry conditions for the U.S, some drier conditions for Brazil, and hotter, dry conditions affecting crops in Argentina are the key weather items for the commodity trade's attention Wednesday.

COLDER FOR MIDWEST

The DTN ag weather forecast calls for colder, drier conditions, which should help improve conditions for the final harvest effort in the eastern areas, except some areas may see light snow during the weekend and heavy snow could occur in the normal lake-effect areas east of Lake Michigan.

IMPROVING CONDITIONS FOR NORTHERN PLAINS

There will be improving conditions for livestock and transport in the northeast Plains region with drier conditions and less wind. No further threats of stormy weather are indicated during the next seven days.

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COLDER FOR SOUTHERN PLAINS

Dry weather and recent much-above-normal temperatures at this time for the Central and Southern Plains further depletes soil moisture and increases stress on winter wheat with crop ratings falling. A turn to colder weather this week will likely put the crop into dormancy and will be welcome as crop moisture needs will end.

VARIABLE BRAZIL RAIN

For Brazil in the Mato Grosso, Minas Gerais, Goias and Bahia areas, seasonal, tropical showers will favor development of soybeans at this time.

As for southern Brazil, episodes of scattered showers and warm weather through major soybean and first-crop corn areas will favor development of these crops while causing only minor planting delays.

BELOW-NORMAL MOISTURE FOR ARGENTINA

In Argentina, dryness remains of concern for key soybean and corn areas from eastern Cordoba and Santa Fe to northern Buenos Aires due to an extended below-normal rainfall period, and the prospect that La Nina conditions in the Pacific will lead to below-normal rain chances during the growing season. The short-range forecast does include a chance for scattered rainfall Friday, but prior to and after this period, dry weather continues until about next Thursday. Temperatures also look to be somewhat hotter during this period. Temperatures in the low 90s Fahrenheit are expected beginning Thursday and continuing through next Wednesday. Middle 90s F may occur next Monday through Wednesday.

DRIER FOR AUSTRALIA WHEAT

In Australia, heavy weekend rains hit Victoria and southern New South Wales wheat areas late last week and during the weekend. Maturing wheat is likely to be affected, which will lead to quality issues. Harvest progress should come to a halt due to this rain event. There is some risk for losses as well. The region is expected to be drier during the next week or so. This should help improve conditions, gradually, for mature wheat and wheat harvesting.

Elaine Shein can be reached at elaine.shein@dtn.com

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Elaine Shein

Elaine Shein
Connect with Elaine: