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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 Sep 13, 2023
Wednesday Sep 13, 2023
WORLD WEATHER HIGHLIGHTS FOR SEPTEMBER 13, 2023
- Northwestern India will begin to see increased rainfall this weekend and especially next week improving cotton, rice, groundnut and other crops after an extended period of dry weather
- Australia’s reproducing winter crops in Queensland northern New South Wales and northern Western Australia will not receive significant rain into the latter part of this month resulting in lower yields for unirrigated fields
- Southern Australia winter crop conditions will remain in good shape with southwestern Western Australia wettest for a while
- Western Argentina wheat, corn and sunseed areas will remain dry biased for ten days
- Southern Brazil will get rain today and then turn drier for a little while. Additional rain will evolve early next week
- Seasonal rains are expected to increase in northern South America during the next few weeks
- U.S. hard red winter wheat areas have benefited from rain this week and improved planting and emergence conditions will result as additional rain falls periodically in the region over the coming ten days
- Restricted U.S. Midwest rainfall will further promote summer crop maturation and early season harvest progress around showers through early next week
- U.S. Midwest weather will trend wetter next week and into late month slowing crop maturation and harvest progress, although no heavy rainfall is expected
- Canada’s Prairies may turn wetter near and after September 20 slowing harvest progress and raising soil moisture for use in 2024
- Frost and freezes may evolve in Alberta, Canada Sep. 20-22, but this is later than usual
- Hurricane Lee should lose its tropical characteristics as the storm bears down on Maine and New Brunswick and Nova Scotia, Canada this weekend, but tropical storm force wind will impact many areas along with a notable storm surge and heavy rainfall
- Europe rainfall will be greatest in the west and north next week, but a favorable mix of rain and sunshine is likely in most areas until then
- CIS crop weather will continue drier than usual in Russia’s Southern Region and Volga River Basin for the next ten days
- Ukraine winter crop areas will get some precipitation in the next two weeks
- Northern Kazakhstan and southern Russia spring wheat and sunseed areas are wetter than usual raising a little crop quality concern
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