Commodities Market Impact Weather

Welcome Brazil Rain

Bryce Anderson
By  Bryce Anderson , DTN Senior Ag Meteorologist
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OMAHA (DTN) -- Timely rain falling in central Brazil and a promising forecast for showers in central Argentina are the key weather items for the commodity trade's attention Thursday.

DRY LATE WEEK MIDWEST

The DTN ag weather forecast calls for most Midwest areas to remain dry through the end of the week, offering favorable conditions for the final stage of harvest. Moderate rain is in store for the southern and eastern sectors of the region during the coming weekend.

VARIABLE SOUTHERN PLAINS CONDITIONS

Southern Plains wheat areas continue with a windy and dry forecast through the next two days, with more stressful dryness to winter wheat. Periods of showers are indicated during the weekend with the focus indicated in the central and south-central areas. This occurrence of precipitation will be closely watched.

MILD IN NORTHERN PLAINS

The Northern Plains regions has a dry and mild pattern during the rest of this week. Rain showers are possible during the weekend with temperatures remaining above normal.

DRY FOR SOUTHEAST HARVEST

Delta and Southeast crop areas have dry conditions in will be dry through the next seven days. This drier trend will be favorable for cotton harvest.

RAINS FORM IN BRAZIL

Useful and needed rain developed in Brazil during Wednesday and early Thursday. Amounts recorded were moderate to locally heavy. The coverage area includes Mato Grosso, the largest soybean crop production state. Additional rain is indicated in the seven-day forecast. This is useful for crop development.

SHOWERS FOR ARGENTINA

Argentina has light to moderate rain in the forecast through the next seven days. Coverage area has expanded to include almost all central crop areas. This rain chance will be closely watched. Dryness concern is high in the primary central crop areas. The concern is enhanced by the presence of a well-established La Nina temperature pattern in the Pacific Ocean.

VARIABLE BLACK SEA REGION CONDITIONS

Black Sea region crop areas have variable conditions as winter grains go into dormancy. Winter crops in central and southern Ukraine reportedly have largely recovered from autumn drought. However, winter wheat from eastern Ukraine into Russia has entered dormancy in fair to poor shape.

SCATTERED AUSTRALIA SHOWERS

Australia wheat areas have only scattered light showers in store this week, with very little disruption to wheat harvest.

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

Follow him on Twitter @BAndersonDTN

Bryce Anderson

Bryce Anderson
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