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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 14, 2023
Morning Market Weather Update For Friday, April 14, 2023
Friday Apr 14, 2023
Friday Apr 14, 2023
WORLD WEATHER HIGHLIGHTS FOR APRIL 14, 2023
- Many computer forecast models today are advertising colder air in the central parts of North America for April 21-23
- Southwestern U.S. Plains are still dry biased for the next ten days
- Red River Basin of the North in the U.S. and Canada will not get as much precipitation this weekend as previously advertised
- Flooding in the Red River Basin of the North will begin this weekend and last into early May
- U.S. lower eastern Midwest is wetter for late next week along with the Delta and southeastern states because of the advertised cold surge
- Snow and rain fell Thursday and early today in southern and east-central Saskatchewan, but it will dissipate as it moves into Manitoba
- Not much other precipitation is expected in Canada’s Prairies through the next five days, but some snow and rain may evolve in the east late next week ahead of much colder air
- Argentina is dry biased for the next ten days
- Interior southern Brazil will be wet over the next ten days
- Northeastern Brazil was advertised drier today possibly hinting at the withdrawing monsoon
- Southwestern Europe and North Africa are still advertised dry and warm over the next ten days
- Rain this weekend from Ukraine to Kazakhstan will be welcome and another event may occur in Ukraine and Russia’s Volga River Basin late next week
- China’s rapeseed area is still expected to turn wet next week and wheat areas in the Yellow River Basin and North China Plain is advertised to receive rain again in about ten days
- No changes were noted in India, Australia, South Africa or West-central Africa today relative to Thursday
- Indonesia and Malaysia weather will continue drying down because of negative phase of Madden Julian Oscillation
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