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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 Feb 26, 2023
Sunday Evening Market Weather Update For February 26, 2023
Sunday Feb 26, 2023
Sunday Feb 26, 2023
WORLD WEATHER HIGHLIGHTS FOR FEBRUARY 26, 2023
- Not much change occurred in the world during the weekend
- Heavy rain and impressive mountain snow fell in California resulting in some flooding and another round of impressive snow accumulation to impact runoff potentials in the spring
- Thunderstorms were occurring in western U.S. hard red winter wheat areas Sunday evening that will produce 0.20 to 0.75 inch of moisture in western Kansas and areas southward into the Texas Panhandle and much greater amounts farther to the east in other wheat production areas
- West and South Texas and the Texas Coastal Bend area will continue quite dry over the next ten days, although some showers will impact West Texas briefly early this week
- Temperatures will be cold in western parts of North America this week and very warm to the east
- Argentina will see restricted rainfall during the next ten days in the central and south while rain falls later this week in the north
- Brazil will see rain periodically in all crop areas during the next couple of weeks excepting Bahia, northeastern Minas Gerais and Espirito Santo where net drying is expected
- Eastern Australia’s unirrigated summer crops will continue dry biased and looking for significant rain
- India will be dry for another week and then a few showers may pop up in parts of central India during the second week of March
- Southern Europe and northern Africa will be wetter biased during the coming ten days which may improve soil moisture in the drier areas
- Western CIS crop weather will continue wet biased for the coming week to ten days
- Eastern China will not see much precipitation for a while
- South Africa will be drier biased early this week and then rain will increase once again.
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