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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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Tuesday Apr 11, 2023
Tuesday Apr 11, 2023
WORLD WEATHER HIGHLIGHTS FOR APRIL 11, 2023
- Status quo conditions for much of the world today
- Dryness is still a worry in Spain, Portugal, North Africa and U.S. west-central and southwestern Plains and portions of Canada’s Prairies
- Some snow and rain will fall in the northwestern and southeastern Canada Prairies, but the heart of the region is not likely to see much dryness relief
- Aggressive snowmelt is under way in the upper U.S. Midwest and northeastern Plains as well as southeastern Canada’s Prairies where flooding is expected to evolve over the next few days
- Rain and some wet snow will impact these areas Thursday into Saturday morning to aggravate the flood situation
- Lighter than usual precipitation will continue over the next ten days in the lower U.S. Midwest where aggressive spring planting is expected especially after a few days of drying evolves
- Argentina will receive limited precipitation for a while favoring summer crop maturation and harvesting
- Brazil rainfall will be sufficient to raise topsoil moisture for long term Safrinha corn and cotton use
- Sugarcane and coffee areas in portions of center south Brazil may need some drier weather later this month
- Weather in most of Europe (outside of the southwest), the CIS, China, India, Australia and South Africa is mostly favorable right now with little change likely
- Tropical Cyclone 18S will move into northwestern Australia later this week and a disturbance near the Philippines will bring heavy rain to Luzon Island and possibly a part of Samar Island
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