Commodities Market Impact Weather

Wet and Cold in Midwest

Bryce Anderson
By  Bryce Anderson , DTN Senior Ag Meteorologist
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OMAHA (DTN) -- A wet and cold Midwest pattern, and continued rainfall across most of the key South America crop areas, are the key weather items for the commodity trade's attention Thursday.

STORMY PERIOD FOR MIDWEST

The DTN ag weather forecast calls for extreme cold to come to an end in the Midwest during Thursday. Stormy conditions remain in the forecast. A major late-winter storm is projected to affect the region this weekend, with a second major system also possible during the six- to 10-day period. These systems threaten more flooding over south, central and east areas. Meanwhile, more heavy snow is likely in the northwest. The first system, this weekend, is likely to cause moderate to heavy snow from South Dakota and Minnesota to west and north Wisconsin, along with possibly northern Iowa. Transport and travel will likely be affected. The prevailing very-wet soil conditions also lead to strong prospects for delays and disruption to fieldwork this spring.

SOUTHERN PLAINS RAIN AND SNOW

In the Southern Plains, moderate to heavy precipitation is expected in south and east areas later this weekend or early next week. Light to moderate totals are indicated for west-central and northwest areas. Precipitation would provide adequate to surplus soil moisture for winter wheat as it exits the dormancy phase. However, wetter conditions also will cause muddy feedlots and livestock stress in southwestern Kansas. Moderate to heavy snow appears most likely from northwest Kansas to central Nebraska. This affects livestock, transport and travel.

BENEFICIAL BRAZIL PATTERN

Brazil's weather pattern remains favorable for developing second-crop (safrinha) corn, with periods of moderate to locally heavy rain for all but the northeast sector. The soybean harvest continues in central Brazil and is running well ahead of normal. Favorable weather is also in effect for late-filling, maturing and harvesting soybeans in southern Brazil.

MILD ARGENTINA TREND

In Argentina, normal to below normal temperatures and periods of showers continue to offer favorable late-season crop conditions.

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

Follow him on Twitter @BAndersonDTN

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Bryce Anderson

Bryce Anderson
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