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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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Wednesday Sep 27, 2023
Morning Market Weather For Wednesday, September 27, 2023
Wednesday Sep 27, 2023
Wednesday Sep 27, 2023
WORLD WEATHER HIGHLIGHTS FOR SEPTEMBER 27, 2023
- Western Argentina rainfall prospects remain poor for at least the next week and probably for ten days
- Model divergence for Brazil’s center west crop areas is high today with the GFS notably drier during the coming ten days than the ECMWF; a compromise between the two models will be needed in today’s forecasts with some gradual increase in shower frequency and intensity expected over the next two weeks favoring Oct. 5-11 over that of this first week
- Center south Brazil rainfall will begin to increase greatly this weekend and next week with coffee areas of Sul de Minas, northeastern Sao Paulo, Zona da Mata and southern Cerrado Mineiro most favored
- Far southern Brazil will benefit from net drying conditions over the next five or six days
- Ukraine, Russia’s Southern Region and middle and lower Volga River Basin will be dry for one more week and the “some” showers will develop favoring eastern Ukraine and the middle Volga River Basin with light rainfall; greater rain will still be needed
- Europe rainfall will be limited over the next week, although it will not be completely dry; there is need for rain in most of the southeast especially in the east and south
- China’s greatest rain will fall from Sichuan to western Henan during the next week with delays to harvesting and planting likely and there may be “some potential” for flooding
- Australia rainfall will remain confined to the south with the far southwest and southeastern corners of the nation getting most of the precipitation; greater rain is needed over a larger part of the south to adequately support winter crops as they approach and move into reproduction
- India’s monsoonal precipitation is expected to slowly diminish from the northwest to central areas during the next ten days
- Southern Indonesia will continue quite dry and in need of rain; some net drying occurred in northern parts of the region Tuesday
- Greater rain fell in eastern Thailand, Laos and northern Vietnam because of the remnants of Tropical Depression 13W Tuesday
- Western Canada and the U.S. Pacific Northwest will trend colder in the next week to ten days
- Canada’s western and northern Prairies will trend wetter this weekend and especially next week as cooling evolves
- U.S. hard red winter wheat areas will get some welcome rain mid- to late-week next week
- U.S. Midwest, Delta and southeastern states summer crop maturation and harvest weather should be mostly good, despite some brief bouts of rain
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