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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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5 days ago
5 days ago
NOT MANY CHANGES SUGGESTED AT MID-DAY TODAY
- Rain was reduced in northern Canada's Prairies - a change that was needed
- Rain was increased in U.S. hard red winter wheat production areas
- Most other areas get rain at one time or another through the next ten days
- World Weather, Inc. believes a favorable weather pattern will prevail through the end of this month, despite some warming and slightly less rain after day ten of the outlook
- No big blocking weather pattern is expected in North America
- Very little change worthy of noting was suggested in Europe with France and the lower Danube River Basin still expected to deal with very warm and dry biased conditions
- A little more rain was suggested in the central Russian New Lands at mid-day today
- No serious changes were noted in China, India, Australia or South America
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