Commodities Market Impact Weather

Minimal Brazil Rain

Bryce Anderson
By  Bryce Anderson , DTN Senior Ag Meteorologist
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OMAHA (DTN) -- Limited rainfall for driest areas of Brazil, and heavy, flooding rain over northern Argentina, are the key weather items for the commodity trade's attention Wednesday.

MIDWEST STAYS MILD

The DTN ag weather forecast again calls for mild conditions for the season in the Midwest. Precipitation will concentrate in the eastern sector, with moderate snowfall, heaviest in the immediate Great Lakes.

BENIGN SOUTHERN PLAINS TREND

In the Southern Plains, the pattern remains favorable for overwintering wheat. There is no damaging cold weather in sight. No significant stress to livestock is expected during the balance of the week.

BRAZIL HEAT AND DRYNESS

Much of south-central through northeastern Brazil continues to have very warm to hot weather and limited rainfall forecast in the next seven days. Soybean crop prospects are steadily declining.

HEAVY NORTHERN ARGENTINA RAIN

In Argentina, conditions remain mostly favorable for crops in central and southern areas. However, heavy rains in the northern one-third of the central crop region are causing wheat quality issues along with threatening to damage row crops due to excessive moisture and flooding.

ADEQUATE BLACK SEA SNOW

In the Black Sea region, wheat in Ukraine and Russia has adequate snow cover to protect the dormant crop from recent and forecast cold conditions.

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

Follow him on Twitter @BAndersonDTN

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Bryce Anderson

Bryce Anderson
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