PDF attached




through selling is seen for the US soybean complex and grains from the resumption in Black Sea grain export inspections
China ag futures were lower overnight. WTI crude oil was down more than $1.40, USD lower, and US equities lower. Parts of the dry areas of US HRW wheat country will see rain over the next five days.


estimates as of April 19





Description automatically generated

Red River of the North at Fargo


Weather Inc.


  • U.S.
    hard red winter wheat areas will have three opportunities for rain during the next ten days
    • Southwestern
      areas are least likely to get meaningful rain
  • West
    Texas will continue to miss out on much of the precipitation expected in the Plains, but a few showers will be possible
  • U.S.
    Delta and southeastern states will be wet or become that way in the next seven days
  • U.S.
    Midwest temperatures will be cool and precipitation periodic limiting fieldwork
  • Snowstorm
    in Canada’s eastern Prairies will wind down today, but some of the snow is expected in northern and eastern North Dakota and northern Minnesota
  • New
    storm in the upper U.S. Midwest tonight and Friday will induce more heavy rain, significant runoff and additional flooding
  • South
    America weather appears to be mostly good, especially if rain falls in Mato Grosso as advertised
  • Southwestern
    Europe and North Africa will remain drier than usual
  • China’s
    southern Rapeseed areas will continue very wet
  • Southern
    Australia is advertised wetter next week as a frontal system moves from west to east; the moisture will be good for future wheat, barley and canola planting
  • South
    Africa will continue dry biased
  • India
    will remain cooler biased with limited rain in this first week of the outlook; showers may increase in the last days of April
  • Mali
    to Burkina Faso to remain drier biased for another five to six days and then some showers are possible
  • Southeast
    Asia rainfall will be increasing in Indonesia and Malaysia and possibly in a part of the mainland production areas

World Weather, INC.


Ag calendar

April 20:

  • China’s
    3rd batch of March trade data, including country breakdowns for commodities
  • Malaysia’s
    April 1-20 palm oil export data
  • Cocoa
    Association of Asia grinding data for first quarter
  • USDA
    weekly net-export sales for corn, soybeans, wheat, cotton, pork and beef, 8:30am
  • Port
    of Rouen data on French grain exports
  • USDA
    red meat production, 3pm

April 21:

  • ICE
    Futures Europe weekly commitments of traders report
  • CFTC
    commitments of traders weekly report on positions for various US futures and options, 3:30pm
  • FranceAgriMer’s
    weekly crop condition report
  • US
    cattle on feed, 3pm