Commodities Market Impact Weather

OMAHA (DTN) -- Additional heat and dryness in Brazil, and variable rainfall for Argentina, are the key weather items for the commodity trade's attention Thursday.

WARM MIDWEST PATTERN

The DTN ag weather forecast calls for no significant concerns for travel or transport in the western Midwest during the next week. Rainfall near the Ohio River Friday and through the balance of the eastern Midwest Monday may cause minor delays. There is no notably low-temperature risk to the soft red winter wheat crop at this time.

MILDER NORTHERN PLAINS FORECAST

Across the Northern Plains, a second surge of very cold air early this week was stressful for livestock and transportation. A much warmer trend is forecast over the next week to 10 days, which will notably improve conditions.

MILDER SOUTHERN PLAINS FORECAST

In the Southern Plains, snow and freezing rain through southern areas Thursday will cause problems for travel and transport, but only brief concerns for livestock. A much warmer trend is in store through this weekend and most of next week.

HEAT AND DRYNESS IN SOUTHERN BRAZIL

Southern Brazil has only limited easing of heat and dryness over the next week. Soybeans in Parana and Mato Grosso do Sul will see the greatest impact of this hot and dry scenario. Crop losses are expected. Farther south, Rio Grande do Sul will see moderate to heavy rain, with generally favorable crop conditions.

VARIABLE ARGENTINA RAIN

In Argentina, continued moderate to heavy rain is forecast for northern crop areas during the next week. Flooding and crop damage are possible. Southern areas have lighter showers and generally favorable crop conditions.

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

Follow Bryce Anderson on Twitter @BAndersonDTN

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