Market Impact Weather

OMAHA (DTN) -- Continuing dryness in central Argentina, and more heavy rain disrupting harvest in central Brazil, are the key weather items for the commodity trade's attention Monday.

HOT AND DRY IN ARGENTINA

The DTN ag weather forecast calls for Argentina to have more heat and dryness this week following a weekend which brought only limited rainfall to the central crop areas. Soil moisture is declining with this pattern, and stress to pod-filling soybeans and filling corn is significant.

WET AGAIN IN CENTRAL BRAZIL

Central Brazil has another week of heavy rain in store. The wet pattern is unfavorable to maturing soybeans and disrupts harvest. Concern is building over possible reduction in crop size due to the late-season heavy rainfall.

DROUGHT BUILDS IN SOUTHERN PLAINS

Dry conditions remain in place over the Southern Plains. Drought is deepening and expanding. This pattern raises concern over crop loss from already reduced winter wheat acreage.

COLD NORTHERN PLAINS TREND

Dry and very cold conditions are in store for the Northern Plains and western Midwest over the next 10 days to two weeks. Overnight low temperatures falling to 10 to 15 degrees below zero are likely.

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

Follow Bryce Anderson on Twitter @BAndersonDTN

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