Commodities Market Impact Weather

OMAHA (DTN) -- Possible improvement in the Argentina rainfall trend, and variable conditions in Brazil, are the key weather items for the commodity trade's attention Monday.

VARIABLE MIDWEST MOISTURE

The DTN ag weather forecast calls for dry conditions in the northwestern Midwest to favor late harvest. Eastern and southern areas will have interruptions due to snow and mixed precipitation.

SOUTHERN PLAINS SNOW

In the Southern Plains, weekend and early week snow will mean transportation delays. Snow offers some moisture for winter wheat. Higher temperatures are in store during the next seven days.

MIXED BRAZIL PRECIPITATION

Across Brazil, scattered thunderstorms in southern crop areas should maintain favorable conditions. West-central areas have a daily chance for moderate to heavy rain, notably in Mato Grosso do Sul and western Mato Grosso. Dry and hot conditions remain a concern in northeast areas.

ARGENTINA RAIN VARIANCE

In Argentina, weekend rainfall favored more of the soybean belt and less of the Corn Belt. Key growing areas from southern Cordoba and northern Buenos Aires southward received only a few light showers, while portions of northern Cordoba and much of Santa Fe had moderate to heavy showers. The next chance for any beneficial showers will be on Friday.

OTHER CROP AREA HIGHLIGHTS

Recent rainfall in India and increasing precipitation in China will improve conditions for winter wheat and rapeseed crops. Wet weather in western Europe remains a concern. It's very warm through east Europe, Ukraine and west Russia this week.

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

Follow him on Twitter @BAndersonDTN

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