Commodities Market Impact Weather

OMAHA (DTN) -- Static conditions in South America, with a dry and hot pattern for Argentina and southern Brazil and heavy rain in store for central Brazil during the next week, are the primary features for the commodity market's attention Tuesday.

MIDWEST PRECIPITATION DIFFERENTIAL

The DTN ag weather forecast calls for light to locally moderate precipitation in the eastern Midwest through the end of the week. Northern Midwest areas have a snowstorm indicated Wednesday, followed by a dry pattern through the end of the year. Western Midwest areas will be cold and dry through the remainder of the week. Almost 60% of the region is in some phase of drought.

DRY SOUTHERN PLAINS PATTERN

In the Southern Plains, very little precipitation is indicated through the end of the year. A few showers may develop in eastern sectors of the region during the five- to seven-day period. More than 80% of the region is in some phase of drought.

MIDWEEK NORTHERN PLAINS SNOWSTORM

A snowstorm with strong winds, cold air and possible blizzard conditions is indicated for the Northern Plains Tuesday and Wednesday. Drier but cold conditions are in store during the remainder of the week. Milder conditions are forecast Saturday through the early part of next week.

BRAZIL HAVE AND HAVE-NOT RAIN

Brazil's rainfall forecast continues to illustrate a sharp differential in line with the influence of La Nina in the equatorial Pacific Ocean. Northern and central areas have heavy rain indicated. The southern sector, notably Rio Grande do Sul, has a dry pattern in store. The lack of rain over southern areas is a concern for possible drought impact.

LIMITED ARGENTINA PRECIPITATION

Argentina's crop areas a mostly dry forecast through the end of the year. Precipitation is indicated to be no more than light over the primary crop areas. In addition, temperatures are expected to intensify to above- to much-above-normal values. This hotter and drier pattern is stressful to crops during the Southern Hemisphere summer season.

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

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