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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 27, 2023
Tuesday Jun 27, 2023
WORLD WEATHER HIGHLIGHTS FOR JUNE 27, 2023
- Not much changed overnight
- Europe and the western CIS will be trending wetter this week
- China will receive rain in most of the nation east of Tibet with areas north of the Yellow River staying driest, although getting some rain as well
- Eastern Australia’s best rain opportunity will be late in the weekend and early next week, but some rain will impact interior South Australia and western and some central New South Wales locations today into Wednesday
- Southeast Asia rainfall will be more active this week improving topsoil moisture for many areas from the mainland areas into Indonesia
- India’s rainfall will be improving additionally this week with additional rain through Friday and more during the middle to latter part of next week favoring Madhya Pradesh, Chhattisgarh, Uttar Pradesh and southeastern Rajasthan as well as Haryana
- Interior west-central and southern India will receive restricted rainfall, although some timely rain is likely in early July
- U.S. Midwest rainfall will be erratic and light through the weekend and a little greater next week especially in the second half of next week and into the following weekend
- Many areas will get rain, but a serious improvement in low soil moisture is not very likely in very many areas, but any rain will be better than none
- U.S. Midwest temperatures will be hot from Kansas to Illinois Wednesday through Friday (temperatures extremes in the 90s and near 100 Fahrenheit are expected
- Most other Midwest temperatures will be more seasonable over the next two weeks
- U.S. southern Plains will also be hot today through Thursday with cooling Friday into the weekend
- West Texas will have opportunity for some rain briefly Friday into the weekend with local amounts sufficient for some welcome relief to recent hot, dry conditions
- U.S. Delta will be quite warm to hot Wednesday through Saturday; temperature extremes over 100 Fahrenheit are likely
- Canada’s Prairies will remain drier biased for the next ten days especially in southern and east-central Alberta and central and western Saskatchewan
- No changes in South America weather were noted with good harvest conditions in Brazil and Argentina while western wheat areas of Argentina still need rain
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