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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 21, 2023
Morning Market Weather Update For Thursday, September 21, 2023
Thursday Sep 21, 2023
Thursday Sep 21, 2023
WORLD WEATHER HIGHLIGHTS FOR SEPTEMBER 21, 2023
- Significant rain is still projected for the northern U.S. Plains and upper Midwest Friday through Sunday delaying fieldwork briefly
- Canada’s Prairies “may” trend a little wetter in the second week of the forecast, but confidence is low
- A disturbance forming off the lower east coast of the United States may acquire tropical or subtropical characteristics and the system may bring heavy rain to North Carolina, Virginia and other middle Atlantic Coastal areas during the weekend
- Interior U.S. southeastern states and Delta will be dry until next week when a few showers are expected
- Western U.S. hard red winter wheat areas will dry down over the next ten days, though fieldwork will continue to advance
- Eastern U.S. Midwest precipitation will be restricted for much of the next ten days
- Argentina may see a few showers and thunderstorms from southern Cordoba into La Pampa and Buenos Aires this weekend into early next week; no general soaking is expected, but the showers should be welcome and helpful in easing dryness in at least some areas
- Brazil’s center west and center south crop areas should see at least some increase in shower and thunderstorm activity in the last days of September and first days of October, though no general soaking is likely
- Far southern Brazil, northern Uruguay and northeastern Argentina will remain wet over the next ten days
- Parana and southern Mato Grosso do Sul, Brazil rainfall may increase late next week
- Russia’s Southern Region and Ukraine are still advertised to be dry for at least ten days and probably two weeks with well above normal temperatures
- India rainfall has been improving and will continue favorably distributed over the next ten days to two weeks with central and eastern areas wettest, although a boost in rainfall is advertised for the far south
- Australia rainfall is still advertised to be lighter than usual over the next ten days and perhaps longer with northern winter crop areas staying dry
- China will see heavy rain from late this week into next week from northern Guizhou, eastern Sichuan and southern Shaanxi to western Henan and Hubei where some flooding will be possible
- Other areas in China will see a favorable mix of rain and sunshine
- South Africa late weekend rain and that which occurs next week will bolster soil moisture improving wheat, barley and canola reproductive potential
- Heavy rain is expected this weekend in the western Balkan Countries of Europe delaying fieldwork and inducing some flood potential
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