Commodities Market Impact Weather

OMAHA (DTN) -- A dry forecast for Argentina and southern Brazil and heavy rain prospects for central Brazil crop areas during the next week are the primary features for the commodity market's attention Monday.

LIGHT MIDWEST MOISTURE

The DTN ag weather forecast calls for light moisture in the Midwest this Christmas holiday week. Scattered showers will move through the eastern sector Monday, followed by more scattered precipitation Wednesday and Thursday. Snowfall will be minimal.

DRY SOUTHERN PLAINS FORECAST

In the Southern Plains, mostly dry weather occurred this weekend outside of eastern Texas. The next chances for isolated to scattered rain and snow showers will move through Tuesday and Wednesday, with best chances in the central Plains. Generally drier weather is expected for the remainder of the week.

VARIABLE NORTHERN PLAINS TEMPERATURES

In the Northern Plains, a short-lived burst of below-normal temperatures will move through around midweek. Little precipitation is expected early this week. A storm system may bring light snow and gusty winds Tuesday into Wednesday. Dry and warmer weather will return by Friday.

MIXED BRAZIL RAIN PATTERN

Brazil's rainfall forecast shows a sharp difference. Northern through south-central areas have heavy rain indicated. The southern sector, notably Rio Grande do Sul, have a dry pattern in store. The lack of rain over southern areas is concerning for possible drought impact and is a feature of the Pacific Ocean La Nina climate event now in place.

MAINLY DRY IN ARGENTINA

Argentina's crop areas have moderate showers during the past weekend. However, moisture benefit is short-term. Follow-up rain is lacking in the forecast. The outlook through the next two weeks is mainly dry with temperatures running above normal. This is a stressful pattern for corn and soybeans.

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

Follow on Twitter @BAndersonDTN

(c) Copyright 2020 DTN, LLC. All rights reserved.