Market Impact Weather

OMAHA (DTN) -- Sustained very dry conditions in Argentina, and favorable conditions across Brazil, are the key weather items for the commodity trade's attention Wednesday.

MORE ARGENTINA DRYNESS

The DTN ag weather forecast calls for no significant changes to the dry weather pattern. Stress to filling corn and soybeans continues with increasing crop losses expected. Variable temperatures offer only slight easing of drought stress.

FAVORABLE BRAZIL PATTERN

In central Brazil, drier and hotter conditions early this week have been favorable for harvest progress and second-crop corn (safrinha) planting. Showers increase during the last half of the week. Meanwhile, the pattern is favorable for crops and harvest in southern Brazil.

DROUGHT DOMINATES SOUTHERN PLAINS

Southern Plains areas had strong winds and very low relative humidity levels Tuesday. The harsh conditions increased stress to wheat and brought more drying to already-too-dry soils, especially in southwest and central areas where it has been very dry this winter season. There is no significant improvement through at least the next week and possibly longer.

DRIER NORTHERN PLAINS PATTERN

Northern Plains areas will be drier over the next week. The weather will stay cool to cold, however. Conditions will improve for transport, with a slow rate of decreasing stress to livestock. The colder pattern suggests a delayed start to spring fieldwork.

WET EUROPE TREND

Western Europe is under a more active weather pattern during this week and warmer. This will likely mean mostly rain for the region, helping winter grains and oilseeds to recover after the earlier extreme cold event. Germany and Poland will be drier, but also much warmer than a week ago.

SCATTERED SOUTH AFRICA SHOWERS

South Africa crop areas had scattered thundershowers in southern areas Tuesday. Additional showers are possible at the end of this week. This pattern will favor filling to early maturing crops in the east following prior heavy rains in the area. Soil moisture should support favorable development of reproductive to filling maize in western crop areas, especially with a few more thundershowers possible.

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

Follow Bryce Anderson on Twitter @BAndersonDTN

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