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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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Sunday Apr 16, 2023
Sunday Apr 16, 2023
WORLD WEATHER HIGHLIGHTS FOR APRIL 16, 2023
- West-central and southwestern U.S. Plains may get some needed moisture after the big cold in the coming weekend and early part of next week
- This will include both hard red winter wheat areas and corn sorghum and cotton
- Frost and freezes will impact many areas in the central U.S. Plains Midwest and possibly in the northern Delta this coming weekend and early next week what may induce some crop damage, although the details of the cold are not fully understood yet
- Southwestern Canada’s Prairies will continue to miss the needed moisture the region needs
- More precipitation is expected in eastern Canada’s Prairies later this week and into the weekend with much of it occurring as snow
- 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
- No change in dryness was suggested for Spain, Portugal or North Africa during the weekend or during the next ten days
- Favorable crop weather is expected in most areas of the world; including China, India, Australia, South Africa, Europe (away from the southwest) and Ukraine, Belarus and Russia’s Southern Region
- Argentina will be drier biased in the coming week favoring summer crop harvesting
- Brazil’s Safrinha corn south of Mato Grosso will get rain through mid-week this week before most of Brazil’s rainy season ends
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