Market Impact Weather

OMAHA (DTN) -- Additional rain for central Brazil, and weekend precipitation forecast for western Argentina, are the key weather items for the commodity trade's attention Friday.

COLD AND DRY IN MIDWEST

The DTN ag weather forecast calls for a consistent trend of seasonal cold across the Midwest through the next week. This pattern will also be mostly dry, with precipitation confined to the immediate Great Lakes. Transportation will be favored along with final-stage harvest.

SOUTHERN PLAINS STAY DRY

In the Southern Plains, dry conditions and recent much-above-normal temperatures remain in place for more drying of soils in winter wheat areas. A colder pattern is welcome, due to the cold putting wheat into dormancy and reducing crop moisture needs.

MORE CENTRAL BRAZIL RAIN

Across central Brazil, seasonal, tropical shower activity continues to favor development of soybeans.

DRIER IN SOUTHERN BRAZIL

Southern Brazil has a generally dry forecast through the coming weekend. This pattern favors planting. However, follow-on rainfall is somewhat questionable due to the tendency for southern Brazil to turn drier when the Pacific Ocean is in its La Nina phase, as is the case now.

ARGENTINA SHOWERS

Argentina's western growing areas have moderate to locally heavy rain indicated during late week into the weekend. This will be welcome precipitation. The seven-day forecast is also not as hot as indicated for the western growing areas earlier this week.

DRY FOR AUSTRALIA HARVEST

Australia's wheat harvest has favorable conditions with a mostly dry pattern forecast through the weekend.

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

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