Riding this time of year, at least in my area, can mean cold humid days. If you can see your breath, the likelihood of crankcase condensation and vapor in your exhaust, increases. In both places, the water will be driven off by extended running at higher temperature, and can cause problems if allowed to persist.
This has to do with the dew point relative to the ambient temperature, and is not simply due to low temperatures. Low temperatures with low humidity are much less problematic, although water is always produced when burning petrol. Google, "Fog", if you want more technical discussion.