Market Impact Weather

OMAHA (DTN) -- Widely variable rain prospects in Brazil, and moderate-to-heavy rain this week in the Southern Plains of the U.S., are the primary weather items for the commodity trade's attention Monday.

RAIN AND SNOW FOR MIDWEST

The DTN ag weather forecast calls a new round of rain and snow to cross the Midwest during this holiday week. Snow does not appear to be as heavy as the snowstorm which hit the region during the past weekend. The moisture will be generally favorable for row crop areas along with winter wheat.

HEAVY PRECIPITATION FOR SOUTHERN PLAINS

In the Southern Plains, beneficial moisture for pre-winter development of the wheat crop continues. A round of moderate-to-heavy rain will cover much of the region during the next seven days.

VARIABLE BRAZIL RAINS

Across Brazil, some beneficial showers formed in Mato Gross during the past weekend; however, more is needed. Brazil soybean planting, at 70% complete, is the slowest since 2008. Rainfall is expected to remain limited during the next week. Mostly favorable weather for soybean development is in effect in southern Brazil; however, periods of heavy rain are causing some planting disruption.

FAVORABLE TREND IN ARGENTINA

Central Argentina has generally favorable conditions for planting and developing corn in the major growing areas of central Argentina. Soybean planting will be getting underway soon.

BENEFICIAL RUSSIA PRECIPITATION

Precipitation as moderate to locally heavy rain and snow has occurred in Ukraine, Belarus, South Russia, western areas of Central Region and in the Black Soils Region. The eastern areas of Central Region Russia and the Volga valley region continue quite dry at this time.

DRY FOR AUSTRALIA HARVEST

Australia's winter wheat areas continue with minimal to zero rain forecast this week. This pattern will be favorable for wheat ripening and harvest progress.

FAVORABLE SOUTH AFRICA RAIN

Moderate rains were noted across many South Africa crop areas during the past weekend. This will likely encourage increasing maize planting and favor sugarcane development.

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

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