Commodities Market Impact Weather
Continued Brazil Dryness
OMAHA (DTN) -- Ongoing dry conditions in most of Brazil, and additional rain across northern Argentina, are the key weather items for the commodity trade's attention Monday.
NEW MIDWEST SNOWSTORM INDICATED
The DTN ag weather forecast features a new snowstorm prospect for the eastern Midwest by late week. Moderate to heavy snow will cause transportation delays. Meanwhile, northern areas will have much lower temperatures during the seven- to 10-day time frame.
FAVORABLE SOUTHERN PLAINS TREND
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In the Southern Plains, the pattern remains favorable for overwintering wheat. There is no damaging cold weather in sight.
CONTINUED BRAZIL DRYNESS
South-central through northeastern Brazil continues to have very warm to hot weather and limited rainfall forecast for the next seven days. Soybean crop prospects are steadily declining.
MORE NORTHERN ARGENTINA RAIN
In Argentina, conditions remain mostly favorable for crops in central and southern areas. Continued moderate to heavy rain is forecast for the northern crop areas.
Bryce Anderson can be reached at bryce.anderson@dtn.com
Follow Bryce Anderson on Twitter @BAndersonDTN
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