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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 09, 2023
Morning Market Weather Update For Tuesday, May 9, 2023
Tuesday May 09, 2023
Tuesday May 09, 2023
WORLD WEATHER HIGHLIGHTS FOR MAY 9, 2023
- U.S. Northern Plains rainfall is expected to become significant late this week bolstering topsoil moisture for long term use to spring and summer crops from in the western Dakotas, but further delaying fieldwork in eastern North Dakota and parts of Minnesota
- U.S. Southern Plains rainfall expected in this coming week will prove to be great for sorghum, corn and cotton planting, but it may fall a little too late for winter wheat and there may be some hail and localized flooding in Texas; central Texas may get excessive rainfall
- U.S. Midwest rainfall will be timely and supportive of spring planting, but many areas will receive lighter than usual amounts maintaining a trend already established in April
- U.S. Delta will be plenty wet for a while
- U.S. southeastern states will experience some drying for a while which may help get fieldwork caught up
- Canada’s central Prairies will get very little rain over the next ten days
- No changes in South America today with rainfall limited in Argentina and both center west and center south Brazil
- South-central Europe will get too much moisture over the next ten days with flooding expected from Italy and the eastern Adriatic Sea region into the Alps and immediate neighboring areas
- “Some” rain will fall in eastern Spain, northeastern Algeria and northern Tunisia during the next ten days offering a little relief from dryness
- Northern Kazakhstan and neighboring areas of Russia’s eastern New Lands will get relief from dryness in the coming week
- China’s greatest rain will be in the southwest for a while and drought relief is likely in Yunnan
- Winter, spring and summer crop conditions in east-central and northeastern China will be fine for a while
- Australia rainfall will occur lightly and periodically in key winter crop areas helping to support planting and establishment of many winter crops
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