Commodities Market Impact Weather

OMAHA (DTN) -- A wetter forecast for much of the Midwest in the 10-day period, and variable conditions in South America, are the key weather items for the commodity trade's attention Monday.

STORMY MIDWEST EXTENDED FORECAST

The DTN ag weather forecast calls for southern and eastern areas of the Midwest to have periods of rain this week, which will maintain very wet conditions. Rain and snow may become more widespread and heavier in the region during the six-to-10-day period. This is due to the southern branch of the jet stream becoming more active in this region, rather than in the southeast United States where it will be active during this week.

BENIGN SOUTHERN PLAINS TREND

In the Southern Plains, a colder pattern is in store this week. However, no harsh cold threat to winter wheat or livestock is indicated. Rain and some precipitation in southern areas maintains favorable soil moisture in this portion of the wheat belt. Increasing precipitation may occur during the six-to-10-day period.

COLD NORTHERN PLAINS PATTERN

Across the Northern Plains, a colder pattern is in store during the next week. However, a repeat of the bitter-cold wave of 2019 is not forecast.

MIXED CONDITIONS IN BRAZIL

Brazil has some potential weather issues ahead in the next week. In the south, a very warm-to-hot and dry pattern will dry out soils and increase crop stress. Northern areas may have periods of rain causing delays in soybean harvest.

HOT ARGENTINA WEEKEND

Argentina crop areas had a hot and dry weekend. Temperatures exceeded 100 degrees Fahrenheit in southwest growing areas. Values into the 90s Fahrenheit are likely in all areas through Tuesday. The heat surge has increased stress to reproductive to filling corn and soybeans and diminished soil moisture for planting second-crop soybeans. A cooler trend with periods of rain is indicated during the last half of the week. However, coverage is likely to focus on the northern crop areas, with only light activity in the south.

NO CROP THREAT IN BLACK SEA REGION

In the Black Sea region, weather conditions remain favorable for crops. There is a chance for snow in the next week, which will be beneficial for crop moisture and winter grain protection.

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

Follow him on Twitter @BAndersonDTN

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