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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 20, 2023
Sunday Evening Market Weather Update For August 20, 2023
Sunday Aug 20, 2023
Sunday Aug 20, 2023
WORLD WEATHER HIGHLIGHTS FOR AUGUST 20, 2023
- Frost and freezes occurred in east-central Alberta and west-central Saskatchewan, Canada Sunday morning with lows in the 30s Fahrenheit
- Rain from Tropical Storm Hilary will reach into Canada’s Prairies during mid-week this week helping to improve topsoil moisture for immature crops in the east, but the southwest may not get a large amount of moisture from the system
- U.S. Midwest will see little to no rain for the next 12 days and the same is true in the middle three-fourths of the U.S. Plains and the Delta
- U.S. temperatures will be hot in central and southern Plains, western Midwest and Delta through mid-week this week and then some cooling is expected
- Tropical disturbance in the Gulf of Mexico will bring rain to southern Texas during mid-week this week interfering with cotton, corn, sorghum and other crop harvesting
- Tropical Storm Franklin will move through Hispaniola during mid-week this week producing heavy rain and strong wind speeds, but most of the rice, coffee and sugarcane produced there should not be seriously harmed
- Other tropical systems in the Atlantic Ocean Basin will remain out to sea and be no threat to North America
- Argentina’s drought will continue without much change for the next ten days
- Brazil will receive scattered showers and thunderstorms in the coming week to ten days benefitting late wheat and the planting of first season corn while slowing Safrinha cotton and corn harvesting; some coffee may be stimulated into flowering
- India’s northwest and far south will continue to dry out over the next two weeks along with Pakistan while rain falls frequently, though not necessarily abundantly in other areas
- China may see some net drying in east-central crop areas while all other areas are plenty wet
- Europe will trend wetter and cooler in the second half of this week into next week after drier and warmer biased conditions occur this week
- Russia will receive frequent rain over the next ten days except in the Southern Region and western Kazakhstan where net drying will continue
- Australia’s northern wheat and barley areas need rain and now much is coming through the end of this month
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