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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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Sunday Jan 28, 2024
Sunday Jan 28, 2024
World Weather Highlights For Sunday, January 28, 2024
- Argentina will be dry biased for another week with some rain next week
- Brazil will get timely rainfall during the next ten days
- South Africa is wetter than advertised Friday with most crop areas getting rain
- Eastern Australia will be wet through mid-week this week due to remnant moisture from Tropical Cyclone Kirrily impact Queensland and northeastern New South Wales
- Western Europe will be dry biased over the next ten days with northern and eastern parts of the continent getting rain next week
- Spain, Portugal, Morocco and northwestern Algeria will be dry for much of the next two weeks maintaining concern over future crop development
- China will be wettest in rapeseed country for the next two weeks
- India needs rain for winter crops and some may fall in the far north
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