Commodities Market Impact Weather

OMAHA (DTN) -- Additional rain and snow in the Midwest forecast, and a more favorable South America forecast, are the key weather items for the commodity trade's attention Friday.

MIDWEST SOIL SATURATION

The DTN ag weather forecast calls for Midwest soils to remain saturated and at a risk for flooding after recent rain and snow, notably in eastern sectors. A major system mid to late next week is in store with more heavy precipitation, mostly rain east, heavy snow west. Concerns for spring planting delays continue.

SOUTHERN PLAINS SNOW

In the Southern Plains, seasonal temperatures during the weekend will steadily change to well-below-normal values in the six-to-10-day time frame. A round of snow ahead of the cold will offer some cover for winter wheat.

COLDER FOR NORTHERN PLAINS

Northern Plains areas continued with a much colder pattern during the next week. Arctic cold is indicated to drop temperatures below zero for most locations. There is a chance that daytime maximums will not go above zero Fahrenheit toward the Canadian border late next week.

SOUTHERN BRAZIL RAIN FORECAST

Across Brazil, southern areas are in line for weekend showers, which will be very timely for crop moisture. Continued periods of showers and thunderstorms are in store over the rest of the growing areas. Moderate-to-heavy precipitation is possible. Extensive delays in soybean harvest and safrinha corn planting are not expected, however.

WEEKEND ARGENTINA RAIN

In central Argentina, moderate to heavy rain is indicated to move through the region during the weekend. Rainfall will be favorable for crop moisture.

MIXED BLACK SEA TEMPERATURE FORECAST

Russia and Ukraine have a variable temperature pattern in store during the next week. A short-lived but colder pattern is in store through the weekend, followed by a notably warmer trend. Snow is expected for only eastern Ukraine through the lower Volga Valley. Many winter wheat areas will have no snow cover against the cold.

EASTERN AUSTRALIA SHOWERS

Eastern Australia crop areas saw very little rain in the past week. The forecast calls for more rain chances over the next week.

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

Follow him on Twitter @BAndersonDTN

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