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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 Mar 07, 2023
Tuesday Mar 07, 2023
WORLD WEATHER HIGHLIGHTS FOR MARCH 7, 2023
- Santa Fe, southern Chaco and northern Buenos Aires, Argentina eastward to western and southern Rio Grande do Sul and southwestern Paraguay will be dry for the next ten days
- Rain is still predicted for western and far southern Argentina and in many areas in center west through center south Brazil
- Brazil’s dry areas in Bahia, northeastern Minas Gerais and Espirito Santo will get rain next week
- U.S. precipitation will be greatest in three areas over the next ten days
- The northern Plains and upper Midwest will see waves of snow
- Areas from eastern Oklahoma through the northern Delta to the Tennessee River Basin and interior southeastern states will be wetter than usual with 2.00 to 4.00 inches and local totals over 5.00 inches possible by March 17
- Central and northern California through the Cascade mountains of western Oregon and western Washington will receive frequent bouts of rain and snow further raising the spring runoff potential
- West Texas, South Texas and the Texas Coastal Bend will be dry biased over the next ten days
- Limited moisture is expected west-central parts of the U.S. hard red winter wheat country over the next ten days, although some snow and rain will be possible briefly next week
- Central and southeastern parts of Canada’s Prairies will get some weekend snow that will prove to be beneficial
- Europe weather will turn more active with France, Germany, the United Kingdom, Belgium and Netherlands becoming much wetter in the coming week to ten days
- Eastern Spain and the lower Danube River Basin will remain drier biased
- Western CIS precipitation will continue frequent maintaining wet fields and abundant snow cover
- India is still expecting some showers later this week that will help temper warmer than usual temperatures and crop stress
- China precipitation will be greatest from Jiangxi to southern Sichuan and Guizhou in this coming week to ten days; most other areas will get minimal precipitation and stay warmer than usual
- Queensland and far northeastern New South Wales, Australia will receive rain Wednesday into Saturday offering some relief from dryness
- North Africa precipitation will be minimal for the next ten days
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