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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 06, 2023
Wednesday Sep 06, 2023
WORLD WEATHER HIGHLIGHTS FOR SEPTEMBER 6, 2023
- Flooding in localized areas of Greece continued Tuesday and will prevail today. Some areas reported 2-3 feet of rainfall Monday into Tuesday, although the event was confined to a very small region. Some damaging weather also occurred in southern Bulgaria and northwestern Turkey
- Heavy rain will end Thursday
- Unusually warm weather occurred in western Europe Tuesday with highs in the 90s Fahrenheit and lower to middle 30s Celsius as far north as northern France; Most of the European continent was dry, though
- Argentina is back to a dry weather mode in the west for the next ten day; no serious relief occurred to drought in the west in the past week, although relief did occur from eastern Cordoba through southern Santa Fe to northern Buenos Aires
- Brazil weather was mostly dry Tuesday and early today, but two waves of rain will return to the far south and in neighboring areas of southern Paraguay, northeastern Argentina and Uruguay in the coming ten days; one wave occurs tonight through Friday and another occurs Monday through Wednesday, Sep. 13. These events will perpetuate excessive moisture and some flooding
- U.S. hard red winter wheat areas will get rain late this weekend into Monday, although the precipitation will be highly variable benefiting some areas more than others
- Rain will fall across parts of Texas easing long term dryness late this weekend into Wednesday, Sep. 13
- Good crop maturation and harvest weather is expected in Canada’s Prairies and the northern U.S. Plains
- Europe dryness will last through the weekend and then brief waves of rain will occur from west to east offering relief to recent dryness
- Ukraine into Russia’s Southern Region will remain dry biased through the weekend and then “some” showers are expected
- Rain “may” creep into eastern Gujarat and southeastern Rajasthan, India next week for a brief period of time offering some relief to persistent dryness while areas farther to the north and west stay dry
- Central and eastern India will receive abundant rain through the next ten days with flooding possible in Madhya Pradesh, Bangladesh, and a few areas in between
- Far southern India rainfall will continue well below normal
- Thailand, Laos, Cambodia and Vietnam Rainfall has been improving in recent weeks and the trend may continue for a little while
- East-central China will experience net drying over the next ten days while rain falls in many other areas periodically; Guangdong and/or Fujian may get excessive rain again late next week
- Northern crop areas in Australia remain too dry for successful dryland winter crop reproduction
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