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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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Monday Apr 24, 2023
Monday Apr 24, 2023
WORLD WEATHER HIGHLIGHTS FOR APRIL 24, 2023
- Some frost and freeze damage may have occurred in Nebraska, northern Kansas and northeastern Colorado Sunday morning when temperatures fell to the upper teens and lower 20s Fahrenheit
- The impact of the cold is not known, but temperatures were colder than expected into central Kansas and perhaps cold enough to induce damage to some of the crop’s reproductive potential
- Rain is expected in the central two-thirds of hard red winter wheat country by Thursday of this week
- The moisture will be welcome and help improve topsoil moisture for future crop development
- Limited rainfall is expected in the far southwest of hard red winter wheat areas and in West Texas cotton areas as well as in Nebraska and north-central Kansas
- Other areas in Texas, the U.S. Delta and southeastern states will benefit from alternating periods of rain and sun this week and next week
- Eastern Canada’s Prairies and the northeastern U.S. Plains and upper Midwest will see a few more periods of rain, drizzle and light snowfall this week while a part of the southwestern Prairies remains drier than usual
- Argentina and Brazil weather for the next two weeks has changed little since Friday with a good balance or rain and sunshine likely
- Southwestern Spain, Portugal and North Africa will remain drier than usual
- Russia’s Ural Mountains region and a part of the eastern New Lands will experience dry and warm weather over the next ten days
- China received significant rain during the weekend
- India may trend a little too wet in various portions of the nation during the next two weeks as rainfall becomes more widespread and enhanced
- Southern Australia will get some showers, but more rain will be needed to raise soil moisture for good wheat, barley and canola emergence and establishment
- Southeast Asia rainfall will be increasing this week.
- Thailand sugarcane areas received some welcome rain during the weekend, but mostly in easternmost locations
- Cotton areas from southern Mali to Burkina Faso are too dry
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