Commodities Market Impact Weather

OMAHA (DTN) -- A large central U.S. winter storm system, and continued rain in Brazil, are the key weather items for the commodity trade's attention Friday.

MIDWEST WINTER STORM

The DTN ag weather forecast calls for a major winter storm to affect the entire Midwest during Saturday. This will feature rain, ice and thunderstorms along with strong winds. Heavy snow is also likely for the west and northwest areas late Saturday and Saturday night. This storm will affect travel, transport and livestock. Rain in the southern sector may be unfavorable for winter wheat.

SNOW FOR SOUTHERN PLAINS

In the Southern Plains, moderate to heavy snow and mixed precipitation is in store into the weekend, notably on Saturday. The wintry precipitation and cold air will be stressful to livestock, notably in Kansas. Blizzard conditions may also develop in portions of the region. Precipitation will be beneficial to winter wheat.

ADDITIONAL BRAZIL RAIN

Brazil continues with a revival of the rainy season, which is favorable for developing second-crop corn. The rain is also favorable for later-planted soybeans. The renewed precipitation is considered to have put a floor on lower yield projections for the Brazil soybean crop. Rainfall has caused only minor delays to the soybean harvest.

MILDER ARGENTINA PATTERN

In Argentina, a round of heat in central and western crop areas will end Friday. Rain is expected to advance northward over the next five days. The oncoming rain pattern will continue a generally favorable growing season.

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

Follow Bryce Anderson on Twitter @BAndersonDTN

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