Commodities Market Impact Weather

OMAHA (DTN) -- A forecast for rain and snow in the Midwest during the five-day time frame and a stable weather pattern across South America are the key weather items for the commodity trade's attention Friday.

VARIABLE MIDWEST PATTERN

The DTN Ag Weather forecast calls for the Midwest to be dry through Saturday. A round of rain and some snow is indicated for the southern and eastern sectors of the region Sunday through Tuesday. Wet soils remain a big concern ahead of spring.

SNOW FOR SOUTHERN PLAINS

In the Southern Plains, dry conditions Friday and Saturday will be followed by rain and snow Sunday and Monday. Moderate to locally heavy precipitation is expected, which will be beneficial for winter wheat. Temperatures will be well below normal through midweek, but will not be threatening to wheat or to livestock.

HARSH NORTHERN PLAINS COLD

A wide swing in temperatures is in store for the Northern Plains. A weekend of above normal temperatures will be followed by a period of below normal values during the middle of the week as a cold wave moves into the region. Temperatures will be around 15-25F below normal for about two days before moderating back toward normal, with stress to livestock and transportation.

STILL WET IN DELTA

In the Delta, dry conditions are indicated through the coming weekend. Moderate to heavy rain and potential severe storms are expected Sunday and Monday, with a potential for additional rainfall and maybe some snow on Wednesday. Very wet conditions look to continue for at least the near term.

CONSISTENT BRAZIL PATTERN

The Brazil crop weather pattern remains consistent through the coming weekend. 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.

DRY AND COOL IN ARGENTINA

Argentina temperatures have a below-normal trend forecast through the next week, thus limiting stress from a drier trend. Isolated showers are indicated during the five-day period.

STILL WARM IN BLACK SEA REGION

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

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

Follow Bryce Anderson on Twitter @BAndersonDTN

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