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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 30, 2023
Sunday Apr 30, 2023
WORLD WEATHER HIGHLIGHTS FOR APRIL 30, 2023
- Limited rainfall is expected in the S. Plains and temperatures will slowly trend warmer
- S. Midwest weather will be mild to cool, showery and windy early this week
- Showers in the S. Midwest late this week and into the weekend will be restricted, but increasing early next week
- Canada’s Prairies will be warm and drier than usual for at least a week and possibly ten days
- Brazil’s key Safrinha corn and cotton producing areas will experience limited rainfall for the next ten days and seasonable temperatures
- Eastern Argentina will trend wetter later this week and the moisture will spread to the south this weekend and early next week
- Heavy rain is possible in northeastern Argentina, Paraguay and Rio Grande de Sul in the coming week
- Frost and freezes occurred late last week in northeastern Europe causing damage to various fruit bearing bushes and trees, but not to wheat or rapeseed
- Spain, Portugal and North Africa will continue warm and mostly dry for another ten days
- Dry and warm weather will continue this week in Kazakhstan and southern parts of Russia’s eastern New Lands; dryness continues into next week with more seasonable temperatures likely
- Rain increased in India during the weekend raising concern over winter crop quality
- India will continue to receive greater than usual shower and thunderstorm activity over the next full week keeping the pressure on unharvested winter crop quality
- China weather will be nearly ideal for the next two weeks for winter and spring crop development and planting will advance around the rain
- Southeast Asia will continue receive periodic rain supporting most crops and fieldwork
- Australia rainfall will be confined to the far south this week
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