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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 Aug 13, 2023
Sunday Evening Market Weather Update For August 13, 2023
Sunday Aug 13, 2023
Sunday Aug 13, 2023
WORLD WEATHER HIGHLIGHTS FOR AUGUST 13, 2023
- U.S. Midwest weather looks mostly good over the next two weeks, although hotter temperatures and a bout of dry weather late this week into next week will need to be closely monitored for increased crop stress in a few of the driest areas
- A ridge of high pressure likely in the U.S. Midwest next week will suppress rainfall and induce much warmer weather, but it will also bring greater amounts of monsoon moisture northward and could eventually bring some rain to the northern Plains and Canada’s Prairies next week
- A tropical wave is “possible” in the Gulf of Mexico late this coming weekend into next week that might evolve into a tropical cyclone and it should be closely monitored for possible impact on Texas and/or Louisiana
- Tropical wave coming off Africa early this week could become a tropical wave later in the week, but it would likely stay over open water and not be a threat to land
- Western Argentina may get some rain Wednesday into Thursday, but it will prove to be too light and brief for a serious change in wheat or drought conditions
- Southern Brazil, eastern Argentina, Uruguay and southern Brazil will get some rain this week and next week benefiting wheat and the eventual planting of early season corn
- Southern Australia will receive periodic rain supporting its wheat, barley and canola while northern crop areas stay dry biased
- Northern and far southwestern China crop areas received some locally heavy rain during the weekend inducing a few pockets of flooding while the Yangtze River Basin was dry
- China will continue to see waves of rain over the next two weeks maintaining wet field conditions in many areas
- Western and southern India are expected to dry out over the next two weeks raising crop moisture stress in time
- Germany, France and the North and Baltic Sea regions will be wettest for a while leaving other areas in Europe with a net drying environment
- Drying is also expected to continue from Russia’s Southern Region into western Kazakhstan and the southern Ural Mountains region while rain is better distributed with bouts of sunshine in other CIS crop areas
- Typhoon Lan will move across western Honshu, Japan during mid-week this week causing heavy rain, flooding and strong wind speeds
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