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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 12, 2023
Morning Market Weather Update For Wednesday, March 12, 2023
Wednesday Apr 12, 2023
Wednesday Apr 12, 2023
WORLD WEATHER HIGHLIGHTS FOR APRIL 12, 2023
- Not much change again overnight
- Dryness is still a worry in Spain, Portugal, North Africa and U.S. west-central and southwestern Plains and portions of Canada’s Prairies
- Some snow and rain will fall in the southeastern Canada Prairies, but the heart of the region from southern Alberta to north-central Saskatchewan will be drier biased for an extended period of time
- Snow and rain in the southeast half of Saskatchewan and southern Manitoba will be sufficient to bolster soil moisture for future planting, although concern remains over the potential for flooding in the Red River Basin
- Aggressive snowmelt is continuing in the upper U.S. Midwest and northeastern Plains as well as southeastern Canada’s Prairies where flooding is evolving
- Rain and some wet snow will impact these areas Friday into Saturday morning to aggravate the flood situation
- Lighter than usual precipitation will continue over the next ten days in the lower U.S. Midwest where aggressive spring planting is expected especially after a few days of warm and drier biased weather
- Argentina will receive limited precipitation for a while favoring summer crop maturation and harvesting
- Brazil rainfall will be sufficient to raise topsoil moisture for long term Safrinha corn and cotton use
- Sugarcane and coffee areas in portions of center south Brazil may need some drier weather later this month
- Weather in most of Europe (outside of the southwest), the CIS, China, India, Australia and South Africa is mostly favorable right now with little change likely
- Tropical Cyclone 18S (Ilsa) will move into northwestern Australia Thursday and a disturbance near the Philippines will bring some rain to Luzon Island and possibly a part of Samar Island
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