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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 Mar 12, 2023
Sunday Evening Weather Update For March 12, 2023
Sunday Mar 12, 2023
Sunday Mar 12, 2023
WORLD WEATHER HIGHLIGHTS FOR MARCH 12, 2023
- Eastern China is drying down especially in the Yellow River Basin and North China Plain and this process will continue
- China’s rapeseed areas will get routinely occurring rainfall over the next two weeks supporting long term crop development
- India will see rain in central and eastern parts of the nation later this week into next week, but the moisture will come too late in the season to seriously change winter crops
- Some rice and sugarcane will benefit, though
- North Africa will be dry for another week and then some rain is likely in northeastern Algeria and northern Tunisia
- Europe topsoil moisture has increased following the recent boost in rainfall across the north
- Dryness remains in eastern Spain and the lower Danube River Basin with little change likely
- Stormy weather will continue in northern Europe and the western CIS in the coming week
- Argentina will see some rain beginning to fall in the drier areas later this week and again next week, although the improvement will come slowly and mostly too late for a dramatic change to production potential
- Brazil will see periods of rain and some sunshine during the next two weeks keeping soybean harvesting and Safrinha corn planting moving along a little slowly in some areas
- U.S. hard red winter wheat areas, West and South Texas will have opportunity for “some” precipitation in the next ten days, but drought busting rain is unlikely
- California stormy weather will continue to come and go over the next ten days
- Recent snow in southern Canada’s Prairies and the northern U.S. Plains and northern Midwest will increase topsoil moisture when it melts
- U.S. Midwest, northern Delta and Tennessee River Basin will remain plenty wet over the next ten days while the lower Midwest only sees light amounts of moisture
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