Commodities Market Impact Weather

OMAHA (DTN) -- A consistent South America pattern including very little rain for Argentina, and drought expected to remain in effect over the U.S. Plains, are the primary weather features for the commodity market's attention Friday.

WARMER WITH SNOW IN MIDWEST

The DTN ag weather forecast calls for a warmer trend to cover the Midwest during the next week. Temperatures will be on the rise toward above normal values. A system will cross the region during the weekend with light to moderate precipitation, mainly in the form of snow.

WARMING TREND FOR SOUTHERN PLAINS

In the Southern Plains, the pattern turns warmer through the weekend. This will offer much improved conditions for livestock following the Arctic cold wave of the past week. Drought remains a key feature for the region. Latest drought forecasts from the NOAA Climate Prediction Center call for drought to continue in the western portion of the region and expand into the south-central part of the region during the next three months.

MILD NORTHERN PLAINS FORECAST

The Northern Plains have a warmer pattern in store through the next week. This milder trend will be favorable to livestock after the harsh cold wave of the past two weeks.

ONGOING CENTRAL BRAZIL RAIN

Across Brazil, moderate to heavy rain will continue over central and northern areas for the next week, creating further delays for soybean harvest and subsequent safrinha (second-crop) corn planting. But 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

In central Argentina, dryness will be a concern during the next week for immature corn and soybeans. A couple of fronts will move through the country during the next five days, but shower chances will be hit-or-miss. This will be favorable for early harvest activities. Crop ratings are notably lower than a year ago.

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

Follow him on Twitter @BAndersonDTN

(c) Copyright 2021 DTN, LLC. All rights reserved.