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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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Thursday Apr 06, 2023
Morning Market Weather Update For Thursday, April 6, 2023
Thursday Apr 06, 2023
Thursday Apr 06, 2023
WORLD WEATHER HIGHLIGHTS FOR APRIL 6, 2023
- Dryness will continue in North Africa, Spain and Portugal during the next ten days with some expansion into southern France
- The region will also be warmer than usual
- Drying is also expected in the U.S. Midwest where temperatures will rise above normal firming the soil and improving spring planting prospects in the lower Midwest as well as the U.S. Delta
- Flooding will begin in north-central U.S. from eastern North Dakota and northeastern South Dakota to upper Michigan and parts of Wisconsin in this coming week as snowmelt occurs more aggressively in response to warmer temperatures
- U.S Delta and southeastern states will be too wet for a while through the weekend and into early next week before welcome drying and warming occurs later next week
- Western portions of the U.S. hard red winter wheat region will stay drier than usual through mid-month
- Argentina will experience net drying in this coming week
- Brazil’s center south crop areas will get some welcome rain over the next week to ten days boosting topsoil moisture for Safrinha crop use after the monsoon withdraws later this month
- China’s winter and spring crop area in the Yellow River Basin, North China Plain and areas to the south should have favorable conditions for planting over the next two weeks, although there will be some additional rainfall periodically
- Western Russia will benefit from drier weather over the next week to ten days after becoming quite wet recently from rain, snow and melting snow
- Ukraine, Belarus and Russia’s Southern Region will experience periods of rain that will saturate the soil and delay spring planting, but the moisture will be very good for future crop development
- India, Australia, South Africa, Central Africa and Southeast Asia precipitation is expected to continue supportive of crop needs in each of those areas
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