Commodities Market Impact Weather

OMAHA (DTN) -- A very cold pattern for the season in the central U.S., and ongoing rain in Brazil, are the key weather items for the commodity trade's attention Tuesday.

MIDWEST BLIZZARD IMPACT

The DTN ag weather forecast calls for very cold weather in the Midwest during the next seven days with some light snow as well. The upcoming week will not be as stormy as recent weather patterns. However, the overall trend is still stressful to livestock due to extreme cold. Light to moderate snow will, at times, cause some delay to travel and transport. Recent and seasonal moderate to heavy rains in the eastern Midwest will lead to increased flooding. Significant flooding is also possible in the western Midwest when the snow melts in the spring.

SOUTHERN PLAINS COLD

In the Southern Plains, the effect of the late-February snowstorm is stressful for livestock. The pattern is drier during the coming week, which will be less stressful; however, cold weather will continue to affect performance. Recent snow and ice were somewhat beneficial for winter wheat soil moisture.

ADDITIONAL BRAZIL SHOWERS

More showers with moderate to heavy rainfall are in store for Brazil over the next week. Rainfall in southern Brazil is favorable for late-filling soybeans. Rainfall is also beneficial for second-crop corn (safrinha) soil moisture. In central Brazil, the rainfall will maintain beneficial conditions for the safrinha corn.

FAVORABLE ARGENTINA CONDITIONS

In Argentina, recent rainfall and much cooler weather will ease stress to crops following a recent hotter pattern.

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

Follow him on Twitter @BAndersonDTN

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