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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 15, 2023
Sunday Oct 15, 2023
WORLD WEATHER HIGHLIGHTS FOR OCTOBER 15, 2023
- Torrential rain fell in Vietnam central coastal areas during the weekend with more coming
- Western Australia will stay dry for the next ten days
- Western Europe will turn much wetter later this week through next week
- Northern India is expecting some welcome rain for winter crop planting
- Argentina weather will continue drier biased for another week, but rain may increase next week
- Center west Brazil will receive erratic rain this week and may trend wetter late this month
- Southeastern Europe will be dry biased for the next ten days as it has been for a while
- Ukraine and Russia’s Southern Region will gradually trend wetter over the next two weeks easing long term dryness
- New tropical cyclone may evolve in the tropical Atlantic Ocean this week while Tropical Depression Sean dissipates
- Tropical cyclone may evolve in the eastern Pacific Ocean later this week and my move across central or interior northern Mexico early next week
- Northern U.S. Midwest was wet during the weekend as expected
- Lower eastern U.S. Midwest is drier for this week than previously suggested
- U.S. hard red winter wheat areas will continue rain free for another week along with the Pacific Northwest
- Ontario and Quebec will turn too wet again later this week and into the weekend
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