Market Impact Weather

OMAHA (DTN) -- A wet and cold pattern leading to more Midwest fieldwork disruption, and persistent drought in the Southern Plains, are the key weather items for the commodity trade's attention Monday.

COLD AND WET IN MIDWEST

The DTN ag weather forecast calls for cold and wet fields to keep spring fieldwork very slow or completely stymied this week. The pattern remains generally wet, leading to additional fieldwork delays during the balance of the first half of April.

CONTINUED SOUTHERN PLAINS DROUGHT

There is again no significant precipitation expected during the next 10 days in most Southern Plains wheat areas. Crop ratings remain poor in many areas.

WET IN DELTA

In the Delta, saturated soils especially after heavy rains later last week will disrupt corn planting. Additional near to above normal rainfall during the next week to 10 days will further delay seasonal fieldwork.

SNOW FOR NORTHERN PLAINS

In the Northern Plains, North Dakota is expected to see snow with melted precipitation of 0.25 to 0.50 inch centered on Friday. The crop area will benefit from the added moisture but the snow will lead to transport delays and will be unfavorable for livestock.

LATE-ARRIVING ARGENTINA RAIN

Argentina saw heavier-than-expected weekend rainfall, especially over northern Buenos Aires, but also in southern Santa Fe to some extent. This may help to stabilize crop conditions in the northern Buenos Aires areas.

However, it is not enough to change prospects for crops in Santa Fe or Cordoba after well-below-normal summer rains. Losses to late-filling corn and soybeans continue.

FAVORABLE BRAZIL CONDITIONS

Favorable soil moisture for developing second-crop corn in central Brazil with no end in sight to the rainy season. Some disruptions to the soybean harvest in Rio Grande do Sul.

WARM SPELL IN CHINA

Central China wheat areas have seen above and sometimes well-above-normal temperatures during March, likely pushing development of wheat ahead of normal. A recent drier trend in northern areas will bear watching as we move through April. Reports suggest that wheat is in good condition at this time.

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

Follow Bryce Anderson on Twitter @BAndersonDTN

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