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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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Friday Nov 10, 2023
Friday Nov 10, 2023
Today's PowerPoint on world agriculture weather is focused on the problems coming for Brazil during the next ten days. Not enough moisture will fall and record or near-record heat is expected which may cut production potentials. Some of the driest areas in northern Brazil will experience serious crop moisture and heat stress during the coming week that may lead to some additional early season crop loss and will certainly set back crop development for a while. Some of the driest areas may not plant much during this period either until rain chances improve. Also, in today's report are reviews of Argentina, Australia, Europe/CIS, India, China and U.S. weather situations and expectations for the coming week to ten days.
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