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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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Thursday Sep 14, 2023
Thursday Sep 14, 2023
WORLD WEATHER HIGHLIGHTS FOR SEPTEMBER 14, 2023
- Very little change occurred overnight
- Northern Australia winter crop areas are to remain dry during the next two weeks while reproduction and filling of small grains continues; unirrigated spring planting may be slowed in the east until significant rain falls
- Southern Australia rainfall will be sufficient to maintain mostly good crop conditions in southern Western Australia and Victoria as well as southeastern South Australia
- China will stay wet in the south with the southern coastal provinces staying too wet
- A more favorable mix of weather is expected in other parts of China
- Western Argentina will remain drier than usual over the next week to ten days
- Eastern Argentina, Uruguay, southern Brazil and southern Paraguay will remain plenty wet for a while
- Center west and center south Brazil showers will be infrequent and light, though a boost in rainfall should evolve in late September and October to support early season soybean and first corn planting progress
- Northwestern India will receive some welcome rain this weekend into next week providing one last boost in soil moisture before the monsoon begins to withdraw
- China weather in the north should be favorably mixed for summer crop maturation and future wheat planting, but greater drying over a longer period of time may be needed to induce the best conditions
- U.S. Midwest weather will trend wetter next week and especially in the September 22-28 period
- U.S. hard red winter wheat areas will get additional rain in the next week to ten days favoring additional improvements for wheat planting and establishment, although the southern and eastern parts of the region will be most favored for the greatest rain
- U.S. Delta will be dry biased for another week before rain chances improve
- A good mix of weather is expected in the southeastern U.S. over the next two weeks
- Texas rainfall will be greatest in the next few days with a little less frequent and less significant rain after that
- Canada’s Prairies harvest weather will be best in this coming week and then rain delays may develop in the east and south
- Europe is still expected to trend wetter over the next ten days
- Russia’s Southern Region and a part of Ukraine will continue drier biased and in need of additional rain
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