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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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Wednesday Apr 19, 2023
Morning Market Weather Update For Wednesday, April 19, 2023
Wednesday Apr 19, 2023
Wednesday Apr 19, 2023
WORLD WEATHER HIGHLIGHTS FOR APRIL 19, 2023
- West-central and southwestern U.S. hard red winter wheat areas are still not advertised to receive a significant amount of rain over the next two weeks, although some showers are advertised
- Central and eastern portions of wheat country should see a boost in rainfall that will be good for crops beginning next week
- Cold weather in the U.S. northern and central Plains and Midwest this weekend and Monday is not likely to hurt winter wheat in a permanent manner, but concern is rising over some early planted corn and a few fields of soybeans that have emerged
- A second bout of cold is advertised to impact the U.S. Midwest during the last days of April and that may not go over very well for early planted corn and soybeans, although there is plenty of time for moderation in the temperature outlook
- Snowstorm in eastern Canada’s Prairies today through Thursday will produce 0.50 to 1.50 inches of moisture and local totals to 2.00 inches with 6-15 inches of snow and local totals of 15-20 inches – some weakening of the storm is expected
- Southwestern Canada’s Prairies will remain drier biased through the end of this month, although some light precipitation is expected briefly
- U.S. Red River Basin of the North flooding may not be as bad as feared if precipitation will be limited during the next few weeks
- Cold temperatures in the coming ten days will help slow the remaining snow melt
- Some snow and rain will impact the region briefly Thursday and Friday
- Upper Mississippi River Basin flooding will be aggravated by rain and snow over the next few days
- Planting delays are expected near the Mississippi River due to flooding
- India’s weather may trend cooler and a little wetter in the second week of the outlook which might disrupt its harvest and raise some concern over winter crop quality; first week temperatures will also be cooler than usual, but precipitation will be limited
- Mato Grosso, Brazil’s Safrinha corn areas are drying down a little early and will need to be closely monitored; however, most of the latest planted Safrinha corn was in Parana, Mato Grosso do Sul and Sao Paulo where the moisture profile is still quite abundant
- Seasonal rains have ended in much of Brazil, although rain in the interior south will linger for a little longer
- Kazakhstan and Russia’s spring wheat areas will experience some net drying next week and into the last days of this month, but the environment will be great for planting – rain will be important in May to prevent the region from getting too dry
- West Texas rain prospects are poor during the next ten days, although some showers are likely
- U.S. Delta will get rain as cold air arrives late this week and then will get much more rain next week as warming evolves
- Western Australia will dry down over the next ten days; some planting of wheat, barley and canola has begun
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