Commodities Market Impact Weather
Return to Arctic Cold Coming This Week
MINNEAPOLIS (DTN) –- A strong system moving through the U.S., a return of some very cold temperatures later this week and widespread rain for Argentina are the weather factors driving the markets Monday.
ANOTHER STORM FOR MIDWEST, COLD COMING
A system moved through the Midwest over the weekend with widespread showers across the southeastern half of the region and a couple of bands of moderate snow. A stronger system will bring another band of moderate to heavy snow for southeastern areas Tuesday night and Wednesday. A clipper will bring a strong cold front into the region later this week that will send temperatures well below normal. The front will be pushed southward a couple of times by additional systems over the weekend and next week. Each will bring precipitation with them and push the colder air deeper through the region.
ANOTHER STRONG STORM FOR CENTRAL AND SOUTHERN PLAINS
A system brought scattered showers to the Central and Southern Plains over the weekend, including a band of moderate to heavy snow from Colorado through Kansas. Another system will move out of the Rockies and through Texas Monday night and Tuesday, with widespread precipitation, including a band of moderate to heavy snow across northern Texas, Oklahoma, and southern Kansas. This is the best chance for precipitation this part of the region has seen in a long time. A front will move into the region this coming weekend and may provide some additional showers, but temperatures will fall dramatically behind the front.
ARCTIC COLD COMING FOR NORTHERN PLAINS AND CANADIAN PRAIRIES
A cold front will push through the Canadian Prairies and Northern Plains late this week that will bring in much colder air for the end of January and the beginning of February, leading to increased stress for livestock.
WATER LEVELS ON LOWER MISSISSIPPI STAYING UP
Recent precipitation has been able to keep water levels on the Lower Mississippi River from falling into dangerously low territory. The watershed has been active and will stay active heading into February, which should keep river levels up for a while yet.
FAR SOUTHERN BRAZIL STAYING DRIER
A front moved through southern Brazil this weekend, but dryness is taking a hold of the region yet again until another front moves through this weekend. Models disagree, but could linger that front in the region next week, which would be helpful for filling corn and soybeans. Widespread precipitation elsewhere continues to favor later-planted soybeans, but is delaying harvest a little. If the wetness continues too long, it may push back the safrinha corn planting schedule, which would not be an ideal scenario for the crop.
MORE HEAVY RAIN FOR ARGENTINA
A front moved through Argentina over the weekend with scattered showers. A lot of 0.75-1.5" reports were received, but the crop is in deep drought and crop conditions continue to be very poor. Another couple of fronts will move through this week, which may not be as organized as the last front, but are still forecasting similar amounts for the week. Should amounts disappoint, the region would have to wait until the middle of next week for the next chance of rain. If the forecasts hold, stabilization of the corn and soybean crops is likely, but a stark turnaround may not occur.
John Baranick can be reached at firstname.lastname@example.org
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