Morning Market Weather Update For Thursday, May 18, 2023

WORLD WEATHER HIGHLIGHTS FOR MAY 18, 2023

• U.S. High Plains region will receive periodic rainfall through the next ten days from West Texas to western Nebraska
  • Much of the moisture will come late for winter wheat, but it will be good for summer crops
• Favorable U.S. Midwest, Delta and southeastern states weather will continue over the next ten days favoring fieldwork and crop development
  • Warming in late May and early June will accelerate drying rates in some areas and that should be monitored
• Canada’s drought area of east-central and interior southern Alberta and western Saskatchewan will get no significant relief for the next ten days
• Western and northern Alberta will receive heavy rainfall next week easing dryness in those areas, but the moisture should stay out of the drought region
• Argentina’s rain potential for late this week and next week is still very good and wheat planting should proceed normally
• No change in Brazil’s weather outlook was noted overnight with Safrinha crop areas drying down normally
  • There is no risk of frost or freezes in the next two weeks in any grain, coffee or sugarcane production area
• China’s dryness in Inner Mongolia will remain in place with some potential expansion to the southwest into Shanxi over time, but for now only northern Hebei is included in the dry bias associated with the Inner Mongolia dryness
• Russia and Ukraine weather is still expected to be favorable over the next ten days to two weeks with timely rain expected
• Russia’s eastern New Lands and a part of northern Kazakhstan may dry down again as time moves along, though it will be gradual
• Thailand and immediate neighboring areas are back into a net drying mode for the next several days with rain resuming late in the weekend and especially next week
  • Water supply is low and concern about El Nino reducing rainfall during the monsoon this year continues to be a key concern
• Indonesia and Malaysia rainfall and soil moisture are still supporting crops favorably
• Ontario and Quebec were impacted by some frost and freezes today, but permanent damage to wheat was not suspected and most of the corn and soybean crops are just beginning to be planted
• Frost is expected from western North Dakota to southwestern Saskatchewan, Canada tonight with a few light freezes expected as well; the impact on crops should be minimal
  • Some frost and light freezes occurred this morning in interior eastern Alberta without permanently damaging crops