Commodities Market Impact Weather
Still Rainy in Central Brazil
OMAHA (DTN) -- More rain for central Brazil and continued easing of bitter cold conditions in the United States are the primary weather features for the commodity market's attention Thursday.
MODIFYING MIDWEST COLD WAVE
The DTN ag weather forecast calls for this week's harsh cold wave in the Midwest to modify through the weekend. The Arctic cold will be replaced by more seasonal values during the next week to 10 days. Temperatures nearing zero Fahrenheit may have caused some damage to winter wheat in southern Illinois and Indiana. There are also chances for moderate precipitation across the region this weekend.
WARMING TREND FOR SOUTHERN PLAINS
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In the Southern Plains, temperatures will be on the increase after the past week's snow and bitter cold conditions. This trend will be more favorable for livestock and transportation. However, dry spots in the southwest remain in drought with no significant relief in sight.
MILDER NORTHERN PLAINS FORECAST
The Northern Plains have a milder pattern in store through the weekend. Recent conditions have been stressful for livestock but will improve.
MORE CENTRAL BRAZIL RAIN
Across Brazil, showers with moderate to heavy rain will continue over central and northern areas for the next week, creating further delays for soybean harvest and subsequent safrinha corn planting. Southern areas will remain drier for the next several days. This will improve fieldwork. Showers will return with a frontal boundary early next week before drying out again.
LIMITED ARGENTINA RAIN
Argentina's primary crop areas have very little rainfall in store during the next week. Shower chances will be hit or miss. Dryness will be a concern for immature corn and soybeans. This drier trend will be favorable for early harvest, however.
Bryce Anderson can be reached at bryce.anderson@dtn.com
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