Morning Market Weather Update For Tuesday, August 8, 2023

WORLD WEATHER HIGHLIGHTS FOR AUGUST 8, 2023

• Flooding rain is expected in South and North Korea Rice production areas over the next few days as Tropical Storm Khanun impacts the Korean Peninsula with 4.00 to 8.00 inches and local totals of 10-12 inches possible in a few areas
• China’s North China Plain continues to dry out after flooding rain more than a week ago
• Europe rainfall is expected to be less frequent and less significant which may improve small grain harvest progress
• Western CIS weather will be plenty wet for a while and that may slow the harvest and planting of 2024 crops in western Russia, the Baltic States and Belarus
• Drying is expected to continue from eastern Ukraine and Russia’s Southern Region into northwestern Kazakhstan and Russia’s southern Ural Mountains region for the next ten days
  • Temperatures will be very warm in this region as well and crop stress will be on the rise
• India’s drying in the west and south will be more pronounced over the next two weeks eventually raising the potential for crop moisture and heat stress
• Southeast Asia rainfall is expected to improve in Indonesia and Malaysia in the coming week to ten days, but some of the advertised precipitation in the computer forecast model data is still overdone
• Southern Australia will continue favorably moist over the next couple of weeks while northern areas continue to dry out
• Argentina’s western drought is not likely to change over the next two weeks
• Brazil weather will remain favorably moist in southern wheat and early season corn planting areas while Safrinha corn and cotton areas experience net drying
• Tropical Storm Lan formed south of Honshu, Japan Monday and it will move across the island later this week without inducing much damage
• U.S. weather is expected to trend warmer in the second week forecast with less frequent and less significant rain
• Southwestern Canada’s Prairies will see no drought busting rainfall anytime soon
• Showers in northern and eastern Canada’s Prairies Wednesday into Friday will be welcome and supportive of late season crops, but the moisture comes too late for many of the small grain crops and canola.
• Mexico dryness will persist in the central and north along with much of Texas
• U.S. Midwest, Delta and southeastern states will continue to see a good mix of weather, although a few northwestern crop areas will continue a little too dry