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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 Oct 01, 2023
Sunday Oct 01, 2023
WORLD WEATHER HIGHLIGHTS FOR OCTOBER 1, 2023
- U.S. and eastern Canada’s Prairies harvest weather will be disrupted during mid-week and then favorably dry conditions will resume
- Another week of dryness is coming for Russia and Ukraine as well as southern Europe
- India’s monsoon continues to withdraw from the northwest half of the nation
- China’s weather will be drier except from Sichuan, Shaanxi and Hubei into Yunnan where rain is likely this week
- Australia is still expecting rain in the southeast this week wheat Western Australia is dry
- Western Argentina rainfall will continue restricted for at least ten days
- Center west and especially center south Brazil rainfall will increase this week
- Far southern Brazil will trend much wetter again after mid-week this week
- Southeast Asia is still dries in southern Indonesia
- Typhoon Koinu will impact southern Taiwan later this week with possible damaging wind and flooding rain
- No tropical cyclones are threatening the United States for the next two weeks
- Mexico’s drought will not change much this week
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