Commodities Market Impact Weather

Rain to Arrive in Brazil

Bryce Anderson
By  Bryce Anderson , DTN Senior Ag Meteorologist
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OMAHA (DTN) -- Continued central Brazil rain forecasts and late-arriving rain in Russia wheat regions are the key weather items for the commodity trade's attention Friday.

VARIABLE MIDWEST PRECIPITATION

The DTN ag weather forecast calls for very cool conditions and variable precipitation across the Midwest during the next week. Moderate to locally heavy rain in the eastern Midwest is forecast, causing some harvest disruption. Western Midwest areas will have lighter amounts. Areas of drought are not forecast to improve during the next three months.

STILL DRY IN SOUTHERN PLAINS

Southern Plains crop areas have a very dry pattern again in store through the next week. This trend is unfavorable for winter wheat. The wheat is likely to go into dormancy under drought conditions.

SNOW AND COLDER IN NORTHERN PLAINS

Northern Plains areas have a colder pattern with periods of snow through the weekend. No extensive harvest disruption is expected.

DRY DELTA PATTERN

Dry conditions continue in the Delta and Southeast through the next week. Harvest progress will be favored.

DELAYED BRAZIL RAIN

Forecast models point to improved rainfall prospects in central Brazil during the next 10 days. Moderate to locally heavy totals in Mato Grosso will favor soybean planting. Planting is at its slowest pace in 10 years in central Brazil; thus, the rain prospect will be closely watched. Brazil new crop soybean availability to the world market will already be later than a year ago.

ADDITIONAL ARGENTINA RAIN PROSPECT

Central Argentina continues with favorable chances for moderate rain over the next week. This will be closely watched. Longer-range forecasts through the 90-day period call for below-average rain in the Argentina crop belt.

LATE RUSSIA RAIN

Russia wheat areas continue with moderate to locally heavy rain in the 10-day forecast. This is the heaviest rain total indicated so far this crop season. Crop benefit is expected to be minimal. Since August, South Russia has had its lowest rainfall total in the past 30 years.

EASTERN AUSTRALIA RAIN

Eastern Australia wheat areas have moderate to heavy rain in the seven-day forecast. This year's wheat crop is expected to be the largest in the past three seasons.

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

Follow Bryce Anderson on Twitter @BAndersonDTN

Bryce Anderson

Bryce Anderson
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