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Commodities Market Impact Weather

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More Fieldwork Delays

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OMAHA (DTN) -- Above-normal precipitation to hinder Midwest fieldwork, and limited rainfall in South America are the key weather items for the commodity trade's attention Friday.

WET MIDWEST PATTERN

The DTN ag weather forecast calls for moderate-to-heavy precipitation in the western Midwest during Friday. Eastern Midwest areas have light precipitation during the weekend. The pattern remains unsettled into next week, which will keep fieldwork delayed.

MAINLY DRY IN SOUTHWESTERN PLAINS

In the Southern Plains, western areas continue to need moisture for winter wheat in post-dormancy development. However, very little precipitation is forecast. Temperatures will briefly fall well-below normal through Saturday. Temperatures should not get low enough to cause damage.

MOSTLY COLD IN NORTHERN PLAINS

Northern Plains temperatures will continue well below normal through Saturday. This very cold pattern, along with moderate ice and snow over eastern sections, will be stressful to livestock and will bring a new delay to fieldwork and delayed corn harvest. Temperatures rise closer to normal briefly next week before going back to below normal, possibly much below normal values.

SHOWERS FOR DELTA

Delta fieldwork will continue to be delayed due to wet soils. Additional rain is forecast through the weekend into early next week.

LIMITED RAIN FOR BRAZIL

In Brazil's crop areas, scattered showers are forecast through the weekend. Total precipitation will be below normal. Central crop areas may incur stress to safrinha (second-crop) corn because of limited crop moisture. Southern areas have already incurred crop loss due to dryness.

DRY IN CENTRAL ARGENTINA

Central Argentina continues with a dry pattern during the next five days. Crop estimates are being reduced due to the late-season drier trend.

DRY RUSSIA FORECAST

In the Black Sea region, very little rain is forecast through the next five days. The region will be monitored closely after a dry March in Russia.

Bryce Anderson can be reached at bryce.anderson@dtn.com

Follow him on Twitter @BAndersonDTN

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