Commodities Market Impact Weather
Beneficial Brazil Harvest Trend
OMAHA (DTN) -- Light rain with favorable conditions for central Brazil soybean harvest, and a new round of rain in the seven-day period for Argentina, are the key weather items for the commodity trade's attention Friday.
VARIABLE MIDWEST PATTERN
The DTN ag weather forecast calls for a variable trend in the Midwest through the next 10 days. Highest precipitation chances are in the Ohio River Valley south into the Delta. A drier pattern is forecast elsewhere in the region. Mild weather for the season is indicated, which is a far different weather scenario compared with the bitter-cold polar vortex outbreak of 2019.
BENIGN SOUTHERN PLAINS TREND
In the Southern Plains, mild and dry conditions are in store through the next week. There is no harsh cold threat indicated for winter wheat.
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VARIABLE NORTHERN PLAINS TEMPERATURES
Across the Northern Plains, above normal temperatures continue through the weekend. A colder pattern is in store during next week. However, a repeat of the bitter-cold wave of 2019 is not forecast.
BENEFICIAL BRAZIL PATTERN
Brazil has favorable conditions for filling soybeans and full season corn in southern areas. Some heavier rain in the next week in south-central crop areas will bring some delays to harvesting soybeans and planting cotton and safrinha corn, but it will also improve soil moisture for planting these crops. Center-west areas have light precipitation, which will favor soybean harvest. Northeast areas will have moderate to heavy rain with beneficial crop moisture.
WARM ARGENTINA WEEKEND FORECAST
Argentina crop areas have very warm to hot and dry conditions indicated through the weekend. A cold front moves from south to north during the first half of next week, with a high chance for showers and thunderstorms. The rain will be useful for crops after the weekend heat. Light to moderate rain during the past week has been favorable for crops.
CONTINUED MILD IN BLACK SEA REGION
In the Black Sea region, temperatures continue to be above normal, with no cold wave expected through the coming week.
Bryce Anderson can be reached at bryce.anderson@dtn.com
Follow him on Twitter @BAndersonDTN
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