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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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Wednesday Apr 26, 2023
Morning Market Weather For Wednesday, April 26, 2023
Wednesday Apr 26, 2023
Wednesday Apr 26, 2023
WORLD WEATHER HIGHLIGHTS FOR APRIL 26, 2023
- U.S. hard red winter wheat areas began receiving rain overnight and will continue to see waves of it through Friday
- Sufficient amounts will occur to induce great improvements in crop and field conditions
- U.S. Midwest, Great Plains, Delta and southeastern states will be cooler than usual through the first few days in May and the a more normal temperature regime is expected
- Eastern Canada’s Prairies will also be cooler than usual into next week before warming begins
- Western Canada’s Prairies will experience warmer temperatures and some fieldwork will begin
- West Texas cotton areas will only get a limited amount of rain during the next ten days, although a few showers and thunderstorms will be possible at times
- The Rolling Plains of Texas, southwestern Oklahoma and the Texas Panhandle will all receive needed rain
- A favorable mix of weather is expected in the Delta and southeastern states over the next ten days with a wetter and cooler bias expected in the first half of that period
- California is poised for greater precipitation once again and that along with melting snow will lead to some rising flood potentials
- Southwestern Europe and northwestern Africa will continue drier and warmer than usual for another ten days
- Northern Kazakhstan and southern parts of Russia’s eastern New Lands will be drier and warmer than usual for the next ten days
- India will experience some scattered showers and thunderstorms – some of which may be locally heavy in the interior southeast
- China will continue to experience mostly good weather, although rain is needed in a part of the northeast and drier weather is needed south of the Yangtze River
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