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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 Mar 26, 2023
Sunday Mar 26, 2023
WORLD WEATHER HIGHLIGHTS FOR MARCH 26, 2023
- Rain and snow in the central U.S. Plains was welcome during the weekend lifting topsoil moisture in southern Nebraska, northwestern Kansas and northeastern Colorado
- The southwestern U.S. Plains are still too dry and not likely to see much moisture for a while
- U.S. Planting delays are likely over the next ten days in the Delta and possibly in early April in some lower Midwest locations
- Concern over significant flooding in the Red River Basin and upper Mississippi River Basin remains on the rise, but the runoff will not likely become significant for at least ten days
- Argentina and Brazil experienced quieter weather during the weekend and more of the same is expected this workweek.
- Argentina will trend wetter in the weekend and next week with Brazil wetter in the second week of the outlook
- Spain and North Africa will continue dry biased
- Northern India received more rain during the weekend along with Pakistan and another storm system is expected in these same areas late this week further raising concern over crop quality
- China weather was excessively wet in the far south during the weekend with 3.50 to 12 inches of rain falling and more wet weather is expected for a while this week
- Other areas in China were dry or mostly dry during the weekend
- Western CIS crop areas and much of Europe outside of the southwest will be trending wetter in the next week to ten days
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