Market Impact Weather

OMAHA (DTN -- A dry weekend for central Argentina, and heavy rain indicated across northern Brazil, are the key weather items for the commodity trade's attention Friday.

DRY WEEKEND IN ARGENTINA

The DTN ag weather forecast calls for Argentina to continue through the weekend with limited rainfall and near to above normal temperatures in the primary crop areas. This pattern decreases soil moisture and increases stress on developing corn and soybeans, especially pollinating corn at this time. The next chance of any beneficial rain will be on Saturday, but it may be a disappointing event. A new round of warm to hot and dry conditions is expected next week.

HEAVY NORTHERN BRAZIL RAIN

Brazil crop conditions remain favorable in the south. In the north, a wetter pattern is unfavorable to maturing soybeans and the harvest. Harvest progress in Mato Grosso is currently running behind last year's pace.

DRY AGAIN IN SOUTHERN PLAINS

The Southern Plains region continues with a dry pattern and no significant precipitation in sight. No damaging cold weather is indicated at this time. However, the forecast suggests a pattern change and colder conditions for early February.

PATTERN CHANGE FOR NORTHERN PLAINS

In the Northern Plains, mostly dry weather and no severe cold during the next week will be favorable for transportation and livestock. A turn to much colder weather is expected later next week.

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

Follow Bryce Anderson on Twitter @BAndersonDTN

(ES/)

Copyright 2018 DTN/The Progressive Farmer. All rights reserved.