Commodities Market Impact Weather

OMAHA (DTN) -- More harsh winter conditions in the Midwest and Plains, and generally favorable late-season prospects in South America, are the key weather items for the commodity trade's attention Monday.

MORE WINTER IN MIDWEST

The DTN ag weather forecast calls for a cold and snowy weather pattern in the Midwest to continue disrupting transportation and stressing livestock.

Significant flooding is possible in the Midwest this spring due to heavy rains and snowmelt.

STRESSFUL SOUTHERN PLAINS COLD

In the Southern Plains, weekend snow followed by very cold weather early this week combine to keep livestock under significant stress. Bitter-cold conditions may also cause some damage to the winter wheat crop, particularly in southern areas where little to no snow cover is in place.

BENEFICIAL BRAZIL TRENDS

Central Brazil has favorable weather for developing second crop corn. The soybean harvest continues in central Brazil and is running well ahead of normal. Favorable weather for late-filling, maturing and harvesting soybeans in southern Brazil.

HEAVY ARGENTINA RAIN

In Argentina, heavy rain overnight Sunday into Monday will provide for adequate to surplus soil moisture for filling crops. Some disruption to harvest may have occurred with heavier downpours, but the overall effect is favorable for crop prospects.

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

Follow Bryce Anderson on Twitter @BAndersonDTN

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