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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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Friday Oct 20, 2023
Morning Market Weather For Friday, October 20, 2023
Friday Oct 20, 2023
Friday Oct 20, 2023
WORLD WEATHER HIGHLIGHTS FOR OCTOBER 20, 2023
- Excessive heat and no rain fell in center west Brazil Thursday with highest temperatures in the range of 100 to 108 Fahrenheit
- The heat and dryness will continue in center west through early next week and then scattered showers and thunderstorms will begin to pop up periodically during the balance of next week
- Argentina weather is still looking wetter for much of the west-central, south and northeast during the next ten days bringing relief to persistent dryness; northwestern Argentina will be driest
- Southern Brazil will begin seeing waves of significant rain again during mid-week next week and that will continue through the following weekend; areas from Parana and Paraguay and Rio Grande do will be wettest along with parts of Uruguay and northeastern Argentina
- Center west Brazil rainfall is expected to slowly increase as time moves along late next week into the early days of November
- Western Australia dryness will persist into early November with showers mostly near the coast
- Queensland and northern New South Wales, Australia will continue too dry for unirrigated summer crop planting
- Victoria and southern New South Wales winter crops will remain in the best condition with the best potential yield
- Tropical Depression Sanba produced 18.89 inches of rain near the coast in southern Guangxi, China Thursday
- Russia’s Southern Region and Ukraine are expecting relief from weeks of dryness over the next ten days with sufficient moisture occurring to stimulate improved wheat, barley and rye establishment as long as temperatures stay warm
- Western Europe’s stormy weather will dominate the next five days with some of it expanding into central and northeastern areas late next week and into the following weekend
- The Lower Danube River Basin in southeastern Europe will remain dry
- India and China weather will remain mostly tranquil over the next two weeks, although rain will fall abundantly near and south of the Yangtze River.
- Waves of colder air expected in North America will put snow on the ground in Canada’s Prairies during mid-week next week and into the northern U.S. Plains late next week
- Frost and freezes will reach into the southwestern Plains a week from now and more likely in the following weekend
- Frost and freezes may also evolve in the lower Midwest with frost in the northern Delta possible in about ten days
- U.S. hard red winter wheat areas will get rain during mid-week next week and it will be greatest from Texas to eastern Kansas and western Missouri leaving some of the west-central high Plains crop areas dry or mostly dry
- U.S. harvest weather is expected to deteriorate as we move through the week next week and into the final days of October and early November due to rain and snow
- U.S. Delta and southeastern states will be dry through Thursday of next week and then some rain will fall in the Delta Oct. 27-29 and eventually it will reach the southeastern states near the end of this month.
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