Morning Market Weather Update For May 2, 2023

WORLD WEATHER HIGHLIGHTS FOR MAY 1, 2023

• Eastern U.S. Midwest precipitation is expected to be lighter than usual for a while
• Rain is expected to evolve in the U.S. southern Plains especially this weekend and next week that will raise soil moisture for cotton, sorghum and corn east of the High Plains
• West Texas rainfall is still expected to be sporadic and light over the next couple of weeks
• Greater rainfall is expected again this weekend into early next week across the eastern Dakotas and Minnesota to Manitoba, Canada that will maintain wet field conditions
• Warming in Canada’s Prairies and the northern U.S. will be good for a few days of net drying, but rain will fall soon thereafter slowing fieldwork
• Drought relief is still not very likely in Alberta of western Saskatchewan, Canada
• U.S. hard red winter wheat areas will continue to receive sporadic rainfall for the next ten days, although every drop of rain will be welcome
• Spain, Portugal and northwestern Africa are still expected to be dry or mostly dry in the coming week
• Kazakhstan and southern parts of Russia’s eastern New Lands will remain dry for another week with temperatures near to above normal
• Western Australia rain potentials are improving for this weekend and next week and that should lead to better planting and emergence conditions for wheat, barley and canola
• India will remain wetter biased into the weekend, although daily rainfall should not be as disruptive to farming activity as it was during the weekend; some concern over unharvested winter crop conditions will prevail
• Brazil’s center south and center west crop areas will continue to dry down seasonably through the next couple of weeks, although Safrinha crops will remain in good condition
• Argentina rainfall will continue limited over the next ten days
• Positive Indian Ocean Dipole is expected to evolve over the next few weeks