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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 Jun 13, 2023
Tuesday Jun 13, 2023
WORLD WEATHER HIGHLIGHTS FOR JUNE 13, 2023
- No excessive heat is likely in U.S. Midwest, although the region will trend a little warmer later this week and stay seasonably warm into next week
- U.S. Midwest precipitation remains limited for many areas in the coming week, although showers and thunderstorms do occur
- Western and central Midwest will remain driest with an ongoing need for greater rain
- U.S. high pressure ridge never becomes very strong, but it will be over a part of the Midwest from late this week through the first half of next week before shifting to the Plains and staying weak during the final days of the second week outlook
- Alberta, Canada is still expecting relief from chronic dryness later this week with some follow up moisture in the following week
- Saskatchewan and portions of Manitoba, Canada also get some beneficial rainfall, although its distribution is not as good as in Alberta, especially not in Manitoba
- U.S. hard red winter wheat areas see a good mix of weather next ten days
- West Texas will remain in a drying mode for the next ten days
- U.S. Delta and southeastern states will experience some heavy rainfall periodically over the next ten days
- Northern U.S. Plains and upper Midwest will get some timely rainfall Friday into the weekend, although more may be needed in some areas
- Northern Europe rainfall will slowly improve this weekend and especially next week
- Eastern Russia New Lands and northern Kazakhstan will receive a restricted amount of Rainfall during the next ten days; temperatures will be mild to cool
- Some dryness expansion from eastern Inner Mongolia to the northern Yellow River Basin is expected over the next few weeks
- Rainy weather will continue in far southern China resulting in flooding for rice and sugarcane areas
- Tropical Cyclone Biparjoy will move through northwestern Gujarat, India and southeastern Sindh, Pakistan late this week before moving across northern India producing heavy rain that should be of use to the planting of summer crops once flooding subsides
- Little change in Australia, South Africa or the tropics
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