Commodities Market Impact Weather

MINNEAPOLIS (DTN) -- Warmer temperatures and a big storm moving through the U.S. next week, scattered showers in central Brazil and the return of rain in Argentina are the weather factors driving the markets Thursday.

WARM AND WET FOR MIDWEST

A system moving through the Midwest on Thursday is spreading rain across the southern half of the region. A smaller clipper system may bring showers to eastern areas this weekend. A larger storm will move through Tuesday and Wednesday of next week with widespread precipitation, including thunderstorms and snow. A drop in temperatures will only be brief as they rise again a day or two later.

LIMITED SHOWERS IN CENTRAL AND SOUTHERN PLAINS

It should be dry in the Central and Southern Plains throughout the weekend. A larger system will move through early next week with the potential for widespread precipitation, including some snow, and a brief drop in temperatures before they rise a day or two later.

WARM WITH STORM COMING FOR NORTHERN PLAINS

It should be mostly warm and dry for the Northern Plains throughout the weekend. A larger storm system is likely to move through early next week with widespread precipitation, including some snow. Temperatures will dip only briefly before becoming above normal again later next week.

GOOD SOIL MOISTURE IN THE DELTA

A system will move through the Delta on Thursday with scattered rain showers and a larger storm will move through next Wednesday, likely with more showers. The region continues to see the building of soil moisture ahead of spring planting and drought has been significantly reduced or eliminated across the region over the winter season.

HEAVY SHOWERS IN CENTRAL BRAZIL

Wet season showers in central Brazil have been heavy recently. Heavy rain is preferred as most of the safrinha corn planting has been completed and the region is short of subsoil moisture. Scattered showers continue in central states through this weekend before becoming isolated. Southern areas could use more rainfall, however. A front coming north from Argentina will bring heavier showers this weekend into next week for southern areas.

RETURN OF ACTIVE PERIOD FOR ARGENTINA

A front moving through Argentina on Thursday should bring some needed showers and another on Monday should do something similar. A more active pattern is forecasted into early March, though precipitation may not be heavy overall. Still, it should be favorable for reproductive to filling corn and soybeans.

MORE ACTIVE IN EUROPE AGAIN

A large storm system is moving through Europe in several waves going into next week with widespread precipitation across most of the continent. In addition to widespread precipitation, temperatures will drop across the western half of the continent, but only back to normal. Eastern areas will remain warm and winter wheat should be waking up.

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

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