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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 Sep 24, 2023
Sunday Sep 24, 2023
WORLD WEATHER HIGHLIGHTS FOR SEPTEMBER 24, 2023
- Concern remains over dryness in Australia, Ukraine, western Argentina and southern Russia from a winter crop planting perspective
- Portions of east-central and far southern China will remain too wet
- Center west Brazil rainfall does not look very great over the next two weeks, despite some increase in showers next week
- Center south Brazil weather will trend wetter next week
- U.S. harvest and crop maturation weather looks favorable, despite some infrequent rain and that which occurred in the northern Plains and western Corn Belt during the weekend
- Canada’s Prairies may trend briefly wetter next week before temperatures turn colder with frost and freezes finally occurring in the first week of October
- West Africa will stay wet
- Southern Indonesia will remain dry
- Mainland areas of Southeast Asia reported poor rainfall during the weekend
- Tropical depression is expected to bring rain to central Vietnam this week
- Tropical Storm Ophelia produced heavy rain in North Carolina, Virginia and the Delmarva Peninsula causing some flooding, but not much damaging wind occurred except along the immediate coast
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