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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 Aug 14, 2023
Monday Aug 14, 2023
WORLD WEATHER HIGHLIGHTS FOR AUGUST 14, 2023
- Excessive heat occurred in Turkey during the weekend with highs of 96 to 113 degrees Fahrenheit; the heat will slowly abate
- Europe will be very warm to hot this week with highs in the 80s and 90s Fahrenheit with a few extremes near 100 in the south
- Spain has been hottest recently with daily highs of 100 to 113 occurring in the south stressing crops and livestock and placing a huge demand on irrigation while water supply is already very low
- U.S. temperatures will rise well above normal this weekend and next week in the great Plains and western Midwest with highs in the 90s to near and above 100 possible especially in the Plains; livestock and crop stress will be high
- Texas and Oklahoma are getting a brief break from excessive heat today and Tuesday, but the hot weather will be returning in the second half of this week; livestock and crop stress will be high during the weekend and next week
- Canada’s Prairies will see rain in the north this week, but there is some potential for rain in the drought stricken areas this weekend and especially next week
- A tropical wave is “possible” in the Gulf of Mexico late this coming weekend into next week that might evolve into a tropical cyclone
- One of the tropical waves coming off Africa early this week could become a tropical cyclone later in the week, but it would likely stay over open water
- Western Argentina may get some rain late Wednesday into Thursday, but it will be too light and brief for a serious change in wheat or drought conditions
- Southern Brazil, eastern Argentina, Uruguay and southern Brazil will get some rain this week and next week
- Southern Australia will receive periodic rain supporting its wheat, barley and canola while northern crop areas stay dry biased
- China will continue to see waves of rain over the next two weeks maintaining wet field conditions in many areas
- Western and southern India is expected to dry out over the next two weeks raising crop moisture stress in time
- Germany, France and the North and Baltic Sea regions will be wettest for a while leaving other areas in Europe with a net drying environment
- Drying is also expected to continue from Russia’s Southern Region into western Kazakhstan and the southern Ural Mountains region
- Typhoon Lan will move across western Honshu, Japan during mid-week this week causing heavy rain, flooding and strong wind speeds
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