Commodities Market Impact Weather

MINNEAPOLIS (DTN) –- Very cold air from the polar vortex moving through the U.S. next week, dryness and drought across Argentina, and better rain for most of Brazil are the weather factors driving the markets Friday.

POLAR VORTEX TO VISIT MIDWEST

A strong storm system continues to bring snow across the northern Midwest, but is winding down. Cold air is moving in behind the system and will be reinforced by a couple of very strong cold fronts associated with the polar vortex next week. The second may have some heavier snowfall with it.

CENTRAL AND SOUTHERN PLAINS WAITING FOR POLAR VORTEX NEXT WEEK

Some light snow will stick around Nebraska on Friday. A stronger front associated with the polar vortex will move into the region early next week with some precipitation but much colder air. An even stronger front will reinforce the cold later next week that will spread through the entire region.

BLIZZARD WINDING DOWN IN NORTHERN PLAINS, POLAR VORTEX APPROACHING

Widespread heavy snow is turning more into bursts of light snow for the Northern Plains that will stick around through the weekend. Cold air is moving in behind the system, but an arctic blast coming with a cold front and the polar vortex this weekend will continue to keep the region cold through at least Christmas.

RIVER LEVELS STAYING HIGHER FOR LOWER MISSISSIPPI

A strong storm system brought widespread precipitation to river systems feeding the Mississippi River this week, which will help keep water levels up through the end of the year. A couple of fronts may produce more precipitation next week, also aiding water levels.

FAVORABLE WEATHER IN MOST OF BRAZIL

Scattered showers will continue in central and northern Brazil for the next week as is typical for this time of year. Some showers will fill back in over southern areas this weekend, but the state of Rio Grande do Sul will see much less precipitation. Drier conditions there are somewhat concerning and could start to create some stress as rainfall has been lower than normal over the last six weeks or so. Otherwise, generally favorable weather continues for most of the corn and soybean areas.

DRY WEEK FOR ARGENTINA

Drought continues to have negative influences on corn and soybean development as well as planting in Argentina. Dryness is favored with increasing temperatures next week. A front will move through late next week and weekend, but showers again look spotty. Overall, conditions continue to be poor for corn and soybeans until precipitation becomes more consistent.

John Baranick can be reached at john.baranick@dtn.com

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