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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 Nov 12, 2023
Sunday Evening Market Weather For November 12, 2023
Sunday Nov 12, 2023
Sunday Nov 12, 2023
WORLD WEATHER HIGHLIGHTS FOR NOVEMBER 12, 2023
- Southern Oscillation Index (SOI) is falling once again suggesting a short term bout of El Nino strengthening which means….
- Less rain in Southeast Asia later this month
- Less rain in eastern Australia later this month
- Less rain in Central Africa later this month
- Less rain in India
- Less rain in Central America later this month
- Brazil weekend rainfall was limited to southern and central Rio Grande do Sul and eastern Santa Catarina
- Brazil will be dry and warm to hot this week except in the far south where waves of rain will continue
- Argentina will be wet in the northeast this week and next week while alternating periods of rain and sunshine occur elsewhere
- A tropical disturbance along the east coast of India may bring a boost in coastal rain late this week and into the weekend from Odisha to Bangladesh
- Tropical disturbance in the Caribbean Sea may enhance Central America rainfall for a while this workweek and then bring significant rain to Hispaniola during the weekend and/or early next week
- Europe and the western CIS will remain wet biased for another week to nearly ten days
- Interior India and China precipitation will be restricted
- Indonesia and Philippines rainfall is increasing this week and will decrease later this month
- Improved rainfall in southern Indonesia will be welcome
- Australia rainfall will be sporadic and light this week
- South Africa will experience net drying and warm temperatures for the next couple of weeks
- U.S. Midwest will dry down for one more week and then see some rain a week from now through a part of next week
- Heavy rain is likely along the central and western U.S. Gulf of Mexico Coast early this week with local flooding possible
- Western U.S. hard red winter wheat areas are unlikely to get much usable rain during the next couple of weeks
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