Commodities Market Impact Weather

OMAHA (DTN) -- Snow, rain and ice in the Midwest and rain in central Brazil that will benefit the safrinha corn crop are the key weather items for the commodity trade's attention Monday.

MIDWEST SNOW, RAIN AND ICE

The DTN ag weather forecast calls for snow, ice and rain to again affect transportation and stress livestock early this week. A second system late in the week may also cause problems.

MOSTLY FAVORABLE CONDITIONS IN CENTRAL, SOUTHERN PLAINS

Mostly favorable conditions are forecast for the overwintering wheat crop in the central and Southern Plains, although soil moisture supplies have decreased significantly in west Texas with reports of the crop in need of moisture. No damaging cold is indicated at this time.

CENTRAL BRAZIL RAIN

Rain in central Brazil will benefit the safrinha corn crop, which is currently being planted. Rain may slow the soybean harvest and the planting effort for corn in some areas.

RAIN, COOLER WEATHER IN ARGENTINA

Recent hot temperatures in the central growing areas of Argentina have been somewhat unfavorable for developing crops. However, Monday's rainfall and cooler weather should ease stress to crops.

MOSTLY FAVORABLE CONDITIONS FOR BLACK SEA REGION

Mostly favorable conditions are forecast for overwintering crops in the Black Sea region. Autumn drought limited winter crop emergence and establishment from eastern France and the Low Countries into Germany and northwestern Poland as well as portions of the western and central Balkans; producers will likely need to replant in the spring in the worst drought areas.

Anthony Greder can be reached at Anthony.greder@dtn.com

(AG)

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