Commodities Market Impact Weather

OMAHA (DTN) -- Favorable rain indicated for most of South America's key crop areas, and the impact of a late-week storm system across the central U.S., are the key weather items for the commodity trade's attention Tuesday.

STORMY AND COLD FOR MIDWEST

The DTN ag weather forecast calls for a new round of moderate to heavy rain over the southeastern Midwest during the five-day period. Meanwhile, snow is indicated for northwest and north-central areas. This stormy development will maintain very wet conditions in the Midwest and is concerning as we look toward the spring planting season. Also, bitter cold Arctic high pressure forecast to settle over the Midwest during the Sunday through Tuesday time frame may cause some cold-weather stress to portions of the soft red winter wheat belt.

VARIABLE SOUTHERN PLAINS MOISTURE

In the Southern Plains, recent and forecast rain and thundershowers favor winter wheat in southern and eastern areas. Western and northwestern areas are drier. A storm system at the end of the week could bring mixed precipitation to the region. Cold air heading toward the Midwest bears watching for possibly extending into the Southern Plains.

COLD WAVE FOR NORTHERN PLAINS

In the Northern Plains, episodes of very cold air are indicated through the next week. This cold outbreak will be stressful for livestock and transportation. Snowfall appears to be confined to eastern sectors of the region.

POSSIBLE SOUTHERN BRAZIL SHOWERS

Across Brazil, a new round of showers and thunderstorms is indicated for the southern crop areas during the next few days. This will further improve conditions for soybeans and full-season corn, after prior dry and hot weather. Central areas will be drier and hotter through the coming weekend. However, the six- to 10-day guidance indicated improved chances for rainfall.

FAVORABLE ARGENTINA SHOWERS

In Argentina's major crop areas, scattered showers and a variable temperature pattern mostly favor crops in Cordoba, Santa Fe, north and east Buenos Aires. La Pampa and west Buenos Aires continue to see periodic scattered thundershower activity and cooler weather mixed in with periods of hotter and drier conditions. Enough rain is occurring to maintain current yield prospects in these locations, maybe even improve prospects somewhat.

MILD IN BLACK SEA REGION

In the Black Sea region, there are no cold-air threats to winter grains in Ukraine and Russia through the next week.

MILD SOUTH AFRICA PATTERN

In South Africa, recent rainfall has improved soil moisture for all crop areas. Seasonal temperatures are favorable for progress.

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

Follow Bryce Anderson on Twitter @BAndersonDTN

(CZ)

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