Commodities Market Impact Weather

Additional Midwest Flooding

Bryce Anderson
By  Bryce Anderson , DTN Senior Ag Meteorologist
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OMAHA (DTN) -- Ongoing flooding in the western Midwest, and a close watch on flood potential in the Northern Plains, are the key weather items for the commodity trade's attention Thursday.

CONTINUED WESTERN MIDWEST FLOODING

The DTN ag weather forecast calls for major flooding to continue in the northern and western Midwest due to heavy rains last week and melting snow.

Moderate rain amounts during the past couple of days favored southwest and east areas, mostly less than a half inch. The next system, this weekend, likely also favors southern and eastern areas.

FLOOD WATCH IN NORTHERN PLAINS

In the Northern Plains, a heavy snowpack in the eastern Dakotas will lead to major flooding on the river systems this spring. Rainfall is expected to be limited during the next week, allowing more orderly snowmelt. Precipitation may increase somewhat later in the 10-day period.

SHOWERS FOR SOUTHERN PLAINS

Southern Plains areas will have mostly moderate rainfall over the next five days. Soil moisture is at adequate to surplus levels in northern areas and is improving in southern areas. Rainfall will keep muddy and stressful conditions in place for livestock in feedlots.

CONSISTENT BRAZIL RAIN

Consistent rain prospects are indicated for central and northern Brazil crop areas. The rain keeps soil moisture at beneficial levels for the safrinha corn crop. Lighter rainfall is forecast for southern areas.

BENIGN ARGENTINA PATTERN

Argentina crop areas continue with favorable conditions for corn, soybean and sunflower crops. Mild weather and light rain are featured over the next seven days.

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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