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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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Thursday May 25, 2023
Morning Market Weather For Thursday, May 25, 2023
Thursday May 25, 2023
Thursday May 25, 2023
WORLD WEATHER HIGHLIGHTS FOR MAY 25, 2023
- Rain will bring dryness relief to Saskatchewan and northwestern Manitoba, Canada over the next several days
- Alberta, Canada’s drought areas “may” get some needed rain in early June, although the GFS model run this morning has suggested significant rain may occur there this weekend and early next week – confidence in the GFS outlook is a little low
- U.S. Midwest weather will continue drier than usual for another week and then scattered showers and thunderstorms are likely, though resulting rainfall may continue lighter than usual
- West Texas received some welcome rain overnight and more is expected today and again Saturday night with a few other sporadic showers expected during the balance of the next two weeks
- Planting moisture is improving, but subsoil moisture will continue low leaving concern about the long term outlook for dryland crops
- U.S. hard red winter wheat areas will get periodic showers and thunderstorms over the next week to ten days with a little worry over crop quality in some of the wetter areas
- Northern Europe will be notably drier biased over the next ten days while the south continues to get waves of rain
- Russia’s eastern New Lands are advertised to get some rain in early June after a dry finish to May
- Northern India will trend wetter than usual this weekend into early next week disrupting some fieldwork, but perhaps benefiting early cotton development
- China weather will continue well mixed for all crops
- Southern Australia rainfall will be timely in the next week to ten days, despite lighter than usual
- Early monsoon rainfall will be abundant in Kerala, India and along the coast of Myanmar during the next couple of weeks
- Interior Thailand crop area will get needed rain, but may continue to see lighter than usual rain amounts for a while
- Indonesia and Malaysia rainfall will be in decline next week and on into the first half of June
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