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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 06, 2023
Morning Market Weather For November 6, 2023
Monday Nov 06, 2023
Monday Nov 06, 2023
WORLD WEATHER HIGHLIGHTS FOR NOVEMBER 6, 2023
- Central Mato Grosso and central Minas Gerais reported locally heavy rainfall Friday into Saturday while other center west and center south crop areas reported scattered showers and thunderstorms of light to moderate intensity
- All of the rain was welcome and good in easing dryness, but some areas received much less rain than other areas and net drying resulted
- Southern Brazil experienced drier weather during the weekend, but waves of rain will be returning later this week and especially next week when the rain will become heavy
- Center west and center south Brazil rainfall is expected to be erratic and lighter than usual during the next ten days while temperatures are warm; net drying is expected from southern Mato Grosso and northern Mato Grosso do Sul to Minas Gerais and Sao Paulo
- Argentina will see a good mix of rain and sunshine during the next two weeks (especially in the central and east) while temperatures are seasonable; the greatest rain is expected in the north this week and in the central and east next week
- East-central Australia rainfall during the weekend and a few lingering showers in the coming week to ten days will be good for dryland sorghum, cotton and other crops that may be planted soon in the wetter areas; much more rain is needed, though
- Western Australia, South Australia and Victoria may get some rain in the next ten days, though that in the west will come too late to change winter crop production potentials
- Andhra Pradesh, India received some welcome rain during the weekend easing long term dryness and more rain is expected this week along with other areas in southern India
- Good harvest weather is likely elsewhere in India
- Europe and the western CIS will be wet biased for much of the next ten days to two weeks bolstering soil moisture for crop use in 2024
- North Africa still needs rain and will only see some coastal showers this week
- South Africa will receive some welcome rain in summer crop areas to help improve planting potentials
- China weather will remain mostly good for rapeseed and winter wheat especially after significant precipitation fell from the Yangtze River Basin to Inner Mongolia and the northeastern provinces during the weekend
- Heavy snow will fall linger today from Liaoning to Heilongjiang causing travel delays and livestock stress
- The heart of the U.S. Midwest and hard red winter wheat areas will be drier biased over the coming week to ten days
- A brief period of rain is expected in Texas, the Delta and southeastern states later this week, but the impact on harvesting will be light since it will not last long
- No tropical cyclones are threatening land in the world today
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