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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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2 days ago
2 days ago
HIGHLIGHTS IN THIS VIDEO
- More ridge building is likely in the next couple of weeks across the southern Plains, Delta and interior southeastern states suggesting a drier bias for those areas in time
- Rain will continue fall abundantly in the heart of the Midwest
- Timely rain occurs in Canada's Prairies and the Northern U.S. Plains, although some of the rain may be overdone
- No excessive heat is expected in North America over the next two weeks
- Canada's Prairies still have pockets of notable dryness that must be relieved
- West Texas is drier for the next two weeks than advertised Friday
- Northern France, the U.K., Low Countries and northwestern Germany will get rain this weekend and especially next week while southern France and the lower Danube River Basin remain dry biased
- Very warm to hot weather occurred from eastern Ukraine into Kazakhstan during the weekend accelerating crop stress in the driest areas
- East-central China will dry out for a while
- Tropical Activity in the far western Pacific Ocean may send a succession of tropical systems through China, Japan and the Korean peninsula in the next few weeks
- Not much change in Australia, Brazil or Argentina
- Rain is expected in southern India this weekend into next week
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