Commodities Market Impact Weather

OMAHA (DTN) -- Heavy rain in the central Brazil forecast and mostly light rain offered for Argentina are the primary weather features for the commodity market's attention Thursday.

SNOW AND COLD FOR MIDWEST

The DTN ag weather forecast calls for periods of snow along with bitter cold conditions in the Midwest through the coming weekend. Temperatures nearing zero Fahrenheit may spread into soft red winter wheat areas with increased risk for winterkill for exposed crops across Illinois and Indiana. A couple of systems next week could produce moderate snow for the eastern half of the region.

SOUTHERN PLAINS SNOW CHANCE

Southern Plains wheat areas have a very cold five- to seven-day stretch in store. Temperatures are expected to plunge to near or below zero Fahrenheit over much of the region. The forecast offers moderate to heavy snow during the coming weekend which would be very important for protective cover along with offering moisture.

NORTHERN PLAINS ARCTIC COLD

The Northern Plains have additional Arctic cold wave conditions through the middle of the month. Well-below-normal temperatures are featured. This pattern will be stressful to livestock and will hinder transportation. The colder pattern remains in place through the 10- to 14-day time frame.

CENTRAL BRAZIL RAIN PROSPECT

Central Brazil had a recent spell of drier conditions. This offered favorable conditions for soybean harvest and safrinha corn planting. The forecast brings rain back into the region. The return of rainfall will favor germination of the safrinha crops but cause further harvest and planting delays. Southern Brazil has a lighter rainfall pattern in the outlook.

SCATTERED SHOWERS FOR ARGENTINA

In central Argentina, scattered showers will continue to be possible through the weekend. Some areas will likely be missed, leading to more dryness concerns in the middle of the country for reproductive to filling corn and soybeans. This area has seen heavy rainfall mixed with prolonged dry stretches over the last month, leading to mixed crop conditions. A frontal boundary this weekend will put another end to showers for next week, continuing the stress on dry areas.

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

Follow Bryce Anderson on Twitter @BAndersonDTN

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