Commodities Market Impact Weather

OMAHA (DTN)— Beneficial rain indicated for most of Brazil, and a large-scale winter storm in the central U.S., are key weather items for the commodity trade's attention Thursday.

STORMY MIDWEST FORECAST

The DTN ag weather forecast calls for a large, powerful winter storm system to bring rain, ice and snow to the Midwest and mid-South Thursday. Extreme features include: blizzard conditions in the northwestern Midwest; an ice storm in the western Midwest; and flash flood threats in the southeastern Midwest. Conditions will be very cold north and central and very warm southeast. These conditions will be stressful to grain transport and cause many safety hazards along with livestock stress.

NO COLD THREAT IN SOUTHERN PLAINS

In the Southern Plains, temperatures will not be cold enough to threaten winter wheat. Overwintering wheat generally has adequate soil moisture; however, a drier trend in the southwestern sector over the past month bears watching.

IMPROVING BRAZIL PATTERN

Northern and eastern Brazil crop areas have a continued moderate to locally heavy rain forecast through the rest of this week. Rainfall will disrupt soybean harvest, but will also be favorable for soil moisture for the safrinha corn crop. Temperatures also display a generally milder trend after stressful midseason heat.

MILD ARGENTINA TREND

Argentina has a continued favorable crop weather trend, with periods of light to moderate rain along with seasonal temperatures over the primary crop areas through the next week.

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

Follow Bryce Anderson on Twitter @BAndersonDTN

(AG)

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