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Weather is one of the top most influential features in daily commodity futures trading. It is also the most important consideration for food company's making purchasing commitments and farmers to determine hedge positions and planting decisions. World Weather, Inc. has 73 years of combined agricultural world weather forecasting experience and its staff has been supporting the commodity futures trade since 1979. This daily podcast will provide insight to the day's most important weather issues influencing world market trading. It is designed to discuss all of the most important weather-related issues of the day and will help explain how those weather issues will influence production and help the listener make better business decisions whether in the commodity futures market or out of it.
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Friday Apr 28, 2023
Friday Apr 28, 2023
WORLD WEATHER HIGHLIGHTS FOR APRIL 28, 2023
- Unusual warmth will occur in the western North America during the next week to ten days
- Warming will be slow to occur in the U.S. Midwest during the coming week. cool conditions and some showers in the north will be a concern over soil temperatures, but precipitation will slowly become lighter overtime and farmers will likely plant more aggressively as soon as it becomes obvious that warming is coming
- Additional showers will fall in U.S. hard red winter wheat areas today into Saturday morning with a couple of frontal systems expected to bring more showers next week
- West Texas cotton areas will continue to struggle with dryness over the next ten days, despite a few showers
- California will start to trend wetter again next week and the wet weather will linger into the following week
- Significant warming will induce some notable snowmelt for a while in this coming week
- Iowa, South Dakota, Nebraska, Missouri and Illinois rainfall will be restricted over the next ten days
- A little more shower activity is advertised for parts of Spain late next week into the following weekend, but relief from dryness will be restricted in the south
- North Africa will get some shower activity, but not enough to seriously change soil or crop conditions – many areas are still too dry
- Kazakhstan and southern and some eastern portions of Russia’s eastern New Lands will continue to dry out and heat up during the next ten days
- Western Russia (west of the Ural Mountains) and eastern Ukraine as well as Russia’s Southern Region will trend wetter over the next ten days
- Unusually active weather is expected in India over the next ten days raising harvest concerns for some winter crops
- Southeastern China will trend much wetter again for a while next week
- North China soil moisture will be favorable except in Liaoning, eastern Shandong and some areas north into interior eastern Inner Mongolia
- Eastern Australia will get some rain today and early Saturday; Western Australia will be dry for at least another week
- Indonesia and Malaysia will continue plenty wet for the next ten days
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