Commodities Market Impact Weather
Mixed Weather Continues in South America
MINNEAPOLIS (DTN) -- Rising temperatures in the U.S., a stretch of dryness in Argentina, and more heavy rain for central Brazil are the weather factors driving the markets Thursday.
ONE LAST COLD SHOT FOR MIDWEST
One last blast of cold air will move through the Midwest Thursday and Friday, with lake-effect snow developing as the cold moves through. The cold will be brief as warmer air will build back into the region over the weekend. Another system will move through early to mid-next week, but temperatures behind the system will continue to be mild.
TEMPERATURES RISING IN CENTRAL AND SOUTHERN PLAINS
Temperatures will continue to rise in the Central and Southern Plains going into the weekend. Southern areas have seen multiple rounds of mixed precipitation this week, with showers finally ending Thursday. Drought areas in Oklahoma and Texas have seen some precipitation, but not enough to turn the drought around in a meaningful way.
TEMPERATURES RISING FOR NORTHERN PLAINS AND CANADIAN PRAIRIES
One last blast of cold air moving into the Canadian Prairies and Northern Plains Thursday will quickly be replaced by some warmer air starting Friday. Above normal temperatures forecast for the following week will reduce stress on livestock.
WATER LEVELS MAY DIP FOR LOWER MISSISSIPPI
Recent precipitation has been able to keep water levels on the Lower Mississippi River from falling into dangerously low territory. The watershed has seen multiple rounds of precipitation moving through. While the lower portion of the valley has seen multiple rounds of precipitation this week, drier and colder conditions farther north will limit water movement and we should see a decline in levels next week.
RAIN BREAKS FOR CENTRAL BRAZIL CLOSING
Central and northern Brazil will continue to see showers throughout the next week, but there should be some breaks in rains to complete some soybean harvest and safrinha corn planting from Mato Grosso to Minas Gerais through Friday before rains become heavier again over the weekend. The far southern state of Rio Grande do Sul remains mostly dry with only limited chances for rain as a front moves through Thursday and Friday.
ANOTHER DRY STRETCH FOR ARGENTINA
A front passing through Argentina this week has brought scattered showers through the country's main growing regions, with showers moving north on Thursday. The region will go through a dry stretch for about 10 days where there will be little to no precipitation for the vast majority of the region. That dryness may undo the beneficial effects from recent rainfall.
John Baranick can be reached at email@example.com
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