Commodities Market Impact Weather

OMAHA (DTN) -- Continued slow harvest progress in the U.S., and variable rainfall prospects in South America, are the key weather items for the commodity trade's attention Wednesday.

VARIABLE MIDWEST PRECIPITATION

The DTN ag weather forecast calls for variable precipitation in the Midwest during the next week. Western and northern areas will be drier, offering some opportunity for progress in this late-harvest year. Eastern areas will have moderate precipitation, mainly occurring as rain.

STILL-SLOW NORTHERN PLAINS HARVEST

In the Northern Plains, moderate to heavy snow cover in much of the region means that additional harvesting of row crops this week will be minimal. Snow cover will be slow to melt at this time of year. A new Arctic cold outbreak is in store during the six-to-10-day period, leading to stressful conditions for transportation and livestock.

LIGHT PRECIPITATION FOR SOUTHERN PLAINS

In the Southern Plains, mild weather and limited precipitation are in store through the next five days. A new round of Arctic cold forming in the northern U.S. during the five to seven days will bear close watching for possible tracking southward.

CONTINUED RAIN FORECAST FOR BRAZIL

Brazil crop areas remain in line for moderate to heavy rain in the next week. Rainfall is especially needed in south-central, eastern and northeastern crop areas, where soil moisture supply is the lowest.

LIGHT ARGENTINA SHOWERS

In Argentina, all crop areas have no more than light rain in the seven-day forecast. Some crop areas have not received much rainfall recently. Soil moisture amounts are especially low in western Buenos Aires and La Pampa, in the southwestern sector of the primary Argentina crop region.

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

Follow him on Twitter @BAndersonDTN

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