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The polar vortex is influencing frigid conditions this week and next week in the Northern Plains and Canadian Prairies. This led to sub-zero high temperatures that produce elevated risk for livestock. La Nina is expected to also mean a colder-than-normal pattern for February for the Midwest.
A big storm east of the Rockies Friday through the weekend and limited showers in southern South America are the weather factors holding the market's attention Thursday.
After some severe weather moved through on Wednesday, lingering showers continue in the Southeast on Thursday with some potential for localized flooding. Cold still remains across the northern tier of the country while dryness continues to hurt wheat in the southwestern Plains.
An active storm track across the middle of the country this week and weekend and limited showers in southern South America are the weather factors holding the market's attention Wednesday.
The polar vortex has sat across western North America for the last several days. It will sweep through the rest of the continent this weekend. Another lobe of the polar vortex is forecast to build behind it, which could bring more widespread cold risks to the middle of the country for early January.