Commodities Market Impact Weather
Cold for Midwest
OMAHA (DTN) -- A wintry pattern in the Midwest through the end of the week and continued promising rain chances in Russia wheat areas are the key weather items for the commodity trade's attention Wednesday.
SNOW AND COLD IN MIDWEST
The DTN ag weather forecast calls for well-below normal Midwest temperatures during this week to curtail any planting activities. Periods of snow crossing the Midwest will add to the unfavorable conditions. Moderate rain will be possible over the southern Midwest Friday to Saturday. The pattern turns warmer during the final 10 days of April, offering better fieldwork opportunities.
SHOWER FORECAST IN SOUTHERN PLAINS
Southern Plains rain chances are increasing for the last half of the week. Light-to-moderate rain offers some benefit for winter wheat. Temperatures will slowly moderate after dropping to possibly damaging levels for jointing wheat early this week.
VARIABLE NORTHERN PLAINS PATTERN
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Northern Plains areas have very cold conditions with periods of snow through the end of the week, stressing livestock and putting a hold on fieldwork. A drier and warmer trend is forecast in the next 10 days, offering improved prospects for spring work.
MIXED DELTA OUTLOOK
The Delta will see light rain during the balance of this week, which may offer some planting progress opportunity. Moderate rain returns to the region over the coming weekend. Next week offers periods of rain that will slow down progress.
ONGOING SOUTHERN BRAZIL DRYNESS
Southern Brazil crop areas have continued dryness, which brings ideas of further reduction in soybean and corn crop sizes. Central areas have scattered showers with possible stress to safrinha corn as the dry season sets in.
LIGHT ARGENTINA SHOWERS
Central Argentina has light showers forecast during the coming week. The showers will bring only modest improvement to soil moisture following a very dry spell in the past several weeks.
CONTINUED RUSSIA RAIN PROSPECT
In the Black Sea region, moderate-to-heavy rain is forecast during the coming week, notably in Russia. The rain would be beneficial for winter wheat soil moisture.
FAVORABLE AUSTRALIA MOISTURE
Eastern Australia wheat areas have above average soil moisture as wheat planting commences. This is favorable for germination and early growth.
Bryce Anderson can be reached at bryce.anderson@dtn.com
Follow him on Twitter @BAndersonDTN
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