Commodities Market Impact Weather

Teresa Deutchman
Staff Meteorologist

MINNEAPOLIS (DTN) –- An active storm track through the U.S., a heatwave in Argentina, and some better rainfall in central Brazil are the weather factors driving the markets Tuesday.

PERIODS OF SHOWERS FOR MIDWEST

A clipper or two moving through may bring some isolated showers to the region through Wednesday. A system will push through on Thursday and Friday with more consistent and widespread precipitation, especially south. Temperatures may be a little more on the mild side until another system comes through early next week.

MIDWEEK PRECIPITATION FOR CENTRAL AND SOUTHERN PLAINS

Some isolated showers will pass through eastern areas early this week, but a system will form in Texas on Wednesday night and push northeast on Thursday. Precipitation will be most likely over eastern areas but cannot rule out some showers for the drought areas in the west. Temperatures will remain well above normal through this weekend.

ONLY LIGHT SNOW FOR NORTHERN PLAINS

Some light snow will drift through the region through Wednesday. Near- to below-normal temperatures will be in the region for the next week and may drop behind a cold front moving through this weekend.

RIVER LEVELS STAYING HIGHER LOWER MISSISSIPPI

River levels are rising this week for most areas, and active weather over the next week could provide enough rain to the area to keep levels from falling.

SHOWERS EXITING SOUTHERN BRAZIL

Scattered showers will continue in central and northern Brazil as is typical for this time of year. Southern areas will dry out over the next day or two with only periodic showers through the weekend. A front moving through early next week will provide some better precipitation but then clear the region out later next week. Corn in the far south may be seeing some stress developing as temperatures increase this week. Soybeans are generally in good condition across the country.

HEATWAVE FOR ARGENTINA

Showers will return in isolated fashion this week, but very high temperatures in the region will cause further stress and potential damage to developing corn and soybeans. Planting is also very delayed and this week will not promote much progress. Models do bring through a couple of cold fronts this weekend with more showers and will push out the high temperatures for next week. The showers that come with the fronts are not expected to be widely scattered or heavy. Overall, conditions continue to be poor for corn and soybeans until precipitation becomes more consistent.

Teresa Deutchman can be reached at teresa.deutchman@dtn.com

(c) Copyright 2022 DTN, LLC. All rights reserved.