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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 Jun 22, 2023
Morning Market Weather Update For Thursday, June 22, 2023
Thursday Jun 22, 2023
Thursday Jun 22, 2023
WORLD WEATHER HIGHLIGHTS FOR JUNE 22, 2023
- A boost in predicted rainfall was noted overnight in the northern Midwest, especially in Wisconsin and Michigan with some increase in shower activity suggested for the drier areas in Illinois, Indiana and Iowa over the coming ten days
- However, the increase in shower activity in the “I” states has already been advertised in previous model runs and confidence is still not high that these areas will get enough rain to seriously change the moisture profile for any great length of time
- Be watchful for surprisingly greater rainfall in a few of the driest areas during the coming week, but that kind of event will only impact a very small part of the overall driest region
- However, the increase in shower activity in the “I” states has already been advertised in previous model runs and confidence is still not high that these areas will get enough rain to seriously change the moisture profile for any great length of time
- Very warm to hot air from Texas may be briefly drawn northward into the southwestern U.S. Corn Belt inducing warmer than expected temperatures in Kansas, Missouri and Illinois
- This will occur briefly this weekend and possibly again briefly during mid-week next week
- Overall, though, the dry biased areas in Illinois and immediate neighboring areas are not likely to be seriously altered despite a few showers in the coming week to ten days or the brief insurgence of hotter weather from the southwest
- U.S Delta weather will be favorable while the southeastern states see some improvement after recent heavy rain
- The northern U.S. Plains will experience significant rain along with a part of the upper Midwest, but Canada’s eastern Prairies will not see much significant rain
- Cool weather occurred again overnight from southwestern Alberta, Canada into the U.S. Pacific Northwest and the northwestern U.S. Plains, but no more than a few patches of light frost resulted without any serious crop impact
- Excessive heat in Texas will continue for another week stressing livestock and zapping moisture from the soil the increase dryland crop stress in cotton, sorghum, soybean, rice and corn production areas
- Some rain will occur briefly into Saturday morning from the Texas Panhandle and southwestern Oklahoma into the Texas Blacklands, but West Texas and South Texas will be hot and dry.
- Rain from eastern France through Germany to western Poland over the next few days will bring temporary relief from recent dryness, but another week of dry weather will follow maintaining some concern about the big picture for crops
- No excessive heat is expected, though, and that will help limit the impact of dry weather
- No changes in Russia, China, Australia, South America or India weather was noted overnight
- China’s crop region north of the Yellow River into Mongolia will be dry and warm biased for a while
- India’s monsoon rainfall will increase during the weekend and next week as a monsoon depression moves across the nation
- Maharashtra into Tamil Nadu and Andhra Pradesh will be driest in India for the next couple of weeks
- Southern China’s early rice crop will be subjected to excessive rain resulting in harvest delays and a quality decline
- Western Thailand dryness will continue, although some rain will fall periodically
- Tropical Depression Four and Tropical Storm Bret will both dissipate this weekend and next week respectively without directly impacting land
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