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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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Monday Nov 13, 2023
Morning Market Weather For Monday, November 12, 2023
Monday Nov 13, 2023
Monday Nov 13, 2023
WORLD WEATHER HIGHLIGHTS FOR NOVEMBER 13, 2023
- Center west, center south and interior northeastern Brazil are all advertised to see some rainfall boost next week
- Brazil weekend rainfall was heavy in southern Rio Grande do Sul and light to moderate in central parts of the state and eastern Santa Catarina
- Most of the Brazil was very warm to hot and dry during the weekend with an extreme high of 108 in northeastern Minas Gerais and western Mato Grosso do Sul and 104 in both eastern Mato Grosso do Sul and central Mato Grosso
- Brazil will be dry and warm to hot this workweek except in the far south where waves of rain will continue
- Argentina will be wet in the northeast this week and next week while alternating periods of rain and sunshine occur elsewhere
- Southern Oscillation Index (SOI) is falling once again suggesting a short term bout of El Nino strengthening which means less rain in Southeast Asia, eastern Australia, central Africa, India and Central America later this month
- A tropical disturbance along the east coast of India may bring a boost in coastal rain late this week and into the weekend from Odisha to Bangladesh
- Tropical disturbance in the Caribbean Sea may enhance Central America rainfall for a while this workweek and then bring significant rain to Hispaniola and far eastern Cuba Friday into the weekend
- Europe and the western CIS will remain wet biased for another week to nearly ten days
- Interior India and China precipitation will be restricted
- Indonesia and Philippines rainfall is increasing this week and will decrease later this month
- Improved rainfall in southern Indonesia will be welcome
- Australia rainfall will be sporadic and light this week
- South Africa will experience net drying and warm temperatures for the next couple of weeks
- U.S. Midwest will dry down for one more week and then see some Sunday through early next week followed by some cooling and addition precipitation
- Heavy rain is likely along the central and western U.S. Gulf of Mexico Coast early this week with local flooding possible
- South Texas already reported more than 4.00 inches through early this morning with parts of the lower Rio Grande valley reporting up to 5.60 inches
- Western U.S. hard red winter wheat areas are unlikely to get much usable rain during the next couple of weeks
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