Morning Market Weather Update For Monday, January 22, 2024

WORLD WEATHER HIGHLIGHTS FOR JANUARY 22, 2024

• Argentina is advertised drier again today with little to no rain for the next ten days
  • Southern areas are already drying down and this trend will only make those areas drier
  • Central and southern Buenos Aires and central and southern La Pampa are already dry and crop moisture stress will rise in these areas impacting many crops, but late season soybeans that were recently planted could be most impacted
  • A few crop areas from Santiago del Estero into a part of Chaco and Formosa are also already drying out and will need greater rain soon
  • Central Argentina has the best soil moisture and will handle the first half of the dry period without much difficulty, but next week’s weather could be a bit more stressful for a few crops
• Most of Brazil will get rain during the next ten days with heavy rain possible in parts of Minas Gerais, Espirito Santo, Bahia and Tocantins as well as perhaps a few northern Goias locations and in a few northeastern most Mato Grosso areas
  • Southern and western portions of Rio Grande do Sul will experience some drying – like Argentina
  • A few areas in Sao Paulo, northern Parana, eastern Mato Grosso do Sul and southwestern Minas Gerais may not get enough rain to counter evaporation for a while this week, although the showers will slow drying rates and conserve soil moisture
• A developing tropical cyclone northeast of Australia is expected to move inland over central Queensland Thursday and it will produce heavy rain from central Queensland to northeastern New South Wales late this week and during the weekend benefiting some of the sorghum, cotton, peanut and coarse grain crops produced in the region
  • Some flooding is also expected which may impact a few crops including sugarcane
• South Africa rainfall will be greatest in the eastern summer crop areas leaving some concern about western areas getting a little too dry over time
• U.S. weather will be more active during the coming week with abundant rain from the southern Plains through the Delta and Tennessee River Basin to the lower and eastern Midwest and southeastern states
  • Flooding will be possible in a part of far eastern Texas and the Delta as well as the Tennessee River Basin
    • Drought relief is expected for the Delta and Tennessee River Basin
• Not much precipitation of significance is likely in the northwestern U.S. Plains or Canada’s Prairies during the next ten days
• Waves of rain and mountain snow will continue in California and the Pacific Northwest over the next ten days
• West Texas rain is expected in waves during the second half of this week and into early next week, although amounts will be light; the moisture is certainly needed
• West-central and southwestern Europe precipitation is expected to be restricted during the next ten days along parts of Italy; snow and rain are expected more significantly to the northeast
• Western CIS will see more snow piling up on the ground over the next ten days keeping flood potentials high this spring
• China precipitation over the next week will be greatest near and south of the Yangtze River and then expand to the east-central provinces next week
• India will continue dry biased except in Odisha where some rain is expected