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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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Tuesday May 16, 2023
Tuesday May 16, 2023
WORLD WEATHER HIGHLIGHTS FOR MAY 16, 2023
- Not many changes overnight
- Canada’s Prairies will continue dry for another week, but rain potentials may rise in “some” of the driest areas in the west during the latter days of May
- Frost and freezes will occur Wednesday morning in Ontario and Quebec, Canada without much Permanent impact on crops
- Frost and a few light freezes will also impact eastern Canada’s Prairies briefly Thursday and Friday without much impact on crops
- Patches of light frost may also impact North Dakota and parts of Northern Minnesota Friday without much impact on crops
- Rain will develop in the central and southern Plains in the second half of this week with Oklahoma, parts of Kansas, the Texas Panhandle and southeastern Colorado wettest; the moisture will be good for all crops
- Additional scattered showers and thunderstorms will impact the southwestern Plains (including West Texas) late this weekend into early next week
- Argentina is still expected to see a series of disturbances that will bring rain to wheat areas for planting moisture late this week into next week
- Center west and center south Brazil will continue seasonably dry over the next ten days
- Europe will remain wettest in the south during the next ten days with net dry and good field progress in the north
- North Africa is still expecting rain later this week and into the weekend, but it will come too late for Morocco and NW Algeria
- A good mix of weather will continue in much of Asia; including the CIS, China and India, although southern China will be a little too wet at times
- Australia rain in far southeastern Queensland and far northeastern New South Wales Monday was good for winter crop planting and establishment; most other areas in Australia will experience net drying for a while, although some coastal showers are likely
- Indonesia and Malaysia rainfall will decrease next week leading to some net drying
- Thailand, Vietnam, Laos and Cambodia will turn wetter again after the next few days of net drying
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