Commodities Market Impact Weather

Midwest Snow Forecast

Bryce Anderson
By  Bryce Anderson , DTN Senior Ag Meteorologist
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OMAHA (DTN) -- A forecast for rain and snow in the Midwest during the final days of February, and continued favorable conditions for Brazil soybean harvest, are the key weather items for the commodity trade's attention Thursday.

VARIABLE MIDWEST PATTERN

The DTN ag weather forecast calls for the Midwest to be mostly dry through Saturday. A storm will spread moderate-to-heavy rainfall across the majority of the region Sunday through Tuesday. Some moderate snowfall will be possible over northern portions of the region. Wet soils remain a concern.

SNOW FOR SOUTHERN PLAINS

Across the Southern Plains, snow Thursday in western areas will offer soil moisture for wheat and pastures. The six-to-10-day period features rain and snow, with possibly heavy amounts. This moisture, along with cold conditions, will be stressful for livestock and transportation, while offering continued benefit for winter wheat.

HARSH NORTHERN PLAINS COLD

A harsh Arctic cold wave is in store for the Northern Plains during midweek. Temperatures will moderate through the end of the week. However, the pattern turns colder with the prospect of heavy snow during the next week to 10 days.

BENEFICIAL BRAZIL TREND

Brazil crop conditions remain beneficial. Northern and central areas have periods of showers offering favorable moisture for second-crop corn, while bringing only minor delays to soybean harvest. Harvest progress is in line with average. Production estimates continue to point to a record crop in 2020. Southern and northeastern crop areas will be drier; however, little impact to the total soybean crop size is expected.

MILD IN ARGENTINA

Argentina temperatures have a below-normal trend forecast through the next week, thus limiting stress from a drier trend.

CONTINUED WARM BLACK SEA PATTERN

Russia and Ukraine continue with above normal temperatures through the next 10 days. Soil moisture is in short supply in much of Ukraine.

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

Follow him on Twitter @BAndersonDTN

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Bryce Anderson

Bryce Anderson
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