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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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Wednesday Mar 08, 2023
Wednesday Mar 08, 2023
WORLD WEATHER HIGHLIGHTS FOR MARCH 8, 2023
- Not many changes overnight
- Central and eastern Argentina into far southern Brazil, Uruguay and southwestern Paraguay will be dry or experience net drying conditions for the next ten days
- Western and far southern Argentina will get periodic rainfall of benefit for late season crops that have survived the drought
- Center south and center west Brazil are expected to be wetter biased during the coming ten days that may slow late season soybean harvesting and Safrinha corn planting
- India’s rainfall will continue light and erratic, but the moisture and cloud cover will help to prevent temperatures from getting excessively hot
- Eastern China will dry down for a while except for the western and southern parts of the Yangtze River Basin where some occasional rain is expected
- Temperatures will be warmer than usual and winter wheat greening will continue while rapeseed development accelerates
- Central Queensland through northeastern New South Wales will get rain during the balance of this week and into the weekend offering relief for dryland crops suffering from limited precipitation and poor soil moisture
- Germany, France and the U.K. will receive significant precipitation over the coming week improving runoff and water supply
- Eastern Spain and the lower Danube River Basin will continue drier biased
- Excessive snowfall and valley rain will impact California and western Washington and western Oregon Thursday through a part of next week
- Waves of snow will continue form the northern Plains into the northern Midwest during the coming week
- Needed snow will accumulate in Canada’s Prairies this weekend improving spring planting moisture in some areas
- West and South Texas will continue to get very little precipitation for a while
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