Morning Market Weather Update for Monday, July 3, 2023

WORLD WEATHER HIGHLIGHTS FOR JULY 3, 2023

• Routinely occurring rainfall is expected in key U.S. Midwest, Delta and southeastern states crop areas during the next ten days
• Rain will also fall in U.S. central and northern Plains periodically
• No excessive heat is expected in key central or eastern U.S. crop areas for an extended period of time, but the far western states will remain warmer than usual for a while
• Canada’s Prairies will continue too dry especially in the heart of Saskatchewan and some southern and eastern Alberta locations
• Temperatures in Canada’s Prairies and the northern U.S. Plains will be cooler than usual this week and warmer next week
• Europe weather will continue to include erratic rainfall for a while with pockets of dryness and some warm biased temperatures, but no serious threat to crops
• Western CIS crop areas are also expecting favorable weather, although Russia’s Southern Region, northern Kazakhstan and southeastern Russia’s New Lands will experience net drying conditions and some warm temperatures for a while
• China’s driest area will continue mostly north of the Yellow River and in particular Inner Mongolia where crop stress will continue in corn, sunseed, spring wheat and sugarbeet areas
• China’s most important grain and oilseed production areas will receive sufficient rain to maintain a good outlook
• India’s monsoon will perform well during the next ten days
• Eastern Australia will get some rain today and Tuesday; otherwise rain will fall most significantly in southern crop areas
• Southeast Asia rainfall will be erratic, but favorable for most crop areas
• Western Thailand and Myanmar will continue to be drier than usual leaving need for greater rain soon
• Argentina will get some rain this week, but not significantly in the driest western crop areas
• Good harvest weather is expected in Safrinha corn and cotton production areas this week