Commodities Market Impact Weather

OMAHA (DTN) -- Rain prospects in the seven-day period for southern Argentina and the potential for heavy rain in portions of Brazil are the key weather items for the commodity trade's attention Tuesday.

MOSTLY DRY IN MIDWEST

The DTN ag weather forecast calls for mostly dry conditions in the Midwest through the next 10 days. Portions of the southern sector have a prospect for snow on Wednesday.

MIXED SOUTHERN PLAINS MOISTURE

In the Southern Plains, some additional snow is indicated Tuesday, offering snow cover for winter wheat. An overall drier pattern is expected for the region over the next 10 days.

STILL MILD IN NORTHERN PLAINS

In the Northern Plains, temperatures rising to above normal levels this week will limit stress on livestock. Very little precipitation is also suggested through early next week.

VARIABLE BRAZIL RAIN PATTERN

Across Brazil, moderate to heavy rain in south-central areas during the past five days has been useful for crop moisture. This sector is in line for additional rain during the next week, with favorable corn and soybean moisture. Central and northern areas have light to locally moderate rain in store during later this week. Moisture amounts will be closely watched.

ARGENTINA RAIN CHANCE

Argentina has periods of rain showers in store for northern areas this week. More widespread showers are indicated during the coming weekend. The weekend moisture will be important for some dryness easing. In general, below average precipitation this crop season is a longer-term concern.

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

Follow him on Twitter @BAndersonDTN

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