Commodities Market Impact Weather

OMAHA (DTN) -- A mostly dry and cold forecast for harvest, and beneficial rain indicated for Brazil, are the key weather items for the commodity trade's attention Monday.

LIGHT MIDWEST PRECIPITATION

The DTN ag weather forecast calls for Midwest precipitation to be light during the next seven days, which will favor harvest progress. Below to much below normal temperatures will keep progress slow, mainly due to slow crop drying.

USEFUL NORTHERN PLAINS HARVEST PATTERN

In the Northern Plains, mainly dry conditions, with only scattered light precipitation during the next week, will favor the harvest.

SHOWERS FOR SOUTHERN PLAINS

In the Southern Plains, useful rain is indicated for wheat in southern areas later this week.

COLD FOR PRAIRIES HARVEST

The Canadian Prairies will have dry and cold conditions favoring harvest this week.

FAVORABLE BRAZIL RAIN FORECAST

Showers and thunderstorms are expected this week throughout the primary Brazil crop areas. Soil moisture supplies are favorable for early development of row crops.

ARGENTINA WEEKEND RAIN

In Argentina, showers and thunderstorms during the past weekend brought favorable moisture to central and west-central areas.

BENEFICIAL AUSTRALIA RAIN

Eastern Australia crop areas had moderate to heavy rain during the past five days. The rain will help late-filling wheat, and will stabilize crop prospects at drought-reduced levels.

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

Follow him on Twitter @BAndersonDTN

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