Morning Market Weather Update For Wednesday, February 22, 2023

WORLD WEATHER HIGHLIGHTS FOR FEBRUARY 22, 2023

• Another week of poor rainfall is expected in southern Argentina and then some increase in shower activity is possible
• Brazil weather will continue moist over the next two weeks with periods of rain maintaining some challenge for soybean maturation and harvesting as well as Safrinha corn planting
  • Progress will be made, albeit slowly especially in Parana, Sao Paulo, eastern Mato Grosso do Sul and southern Minas Gerais
• Net drying is likely in parts of northeastern Brazil
• Timely rain is expected in Rio Grande do Sul
• Bitter cold in Canada and the north-central U.S. will prevail into the weekend, but warming should follow for a few days before another round of bitter cold evolves in early March
• U.S. hard red winter wheat areas will not be harmed by the coming bitter cold because the coldest areas will get snow ahead of the coldest conditions
• West-central and southwestern portions of the U.S. Plains will continue drier biased for the next two weeks
• Unusually warm temperatures in the southern Plains, Delta and southeastern United States will continue through the weekend and then trend a little cooler next week
• Northern Europe and northwestern Asia will turn cooler in week 2 of the outlook, but temperatures will be warm in this first week of the outlook
• Southeastern China will be drier than usual over the next two weeks, but today’s soil moisture is favorably rated for rapeseed and the coming rice planting season
• Wheat in China is still in good condition with little change likely
• Snow and some rain will fall frequently in western Russia and Ukraine to maintain high flood potentials in the spring
• Negative North Atlantic Oscillation will bring cooler weather to northern Europe and a more active weather pattern across southern Europe and possible in North Africa as well