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degree-day

 
Investment Dictionary: Cooling Degree Day - CDD

The number of degrees that a day's average temperature is above 65Fahrenheit, the temperature at which people will start to use air conditioning to cool their buildings. The price of weather derivatives traded in the summer are based on an index made up of monthly CDD values. The settlement price for a weather futures contract is calculated by summing a month's CDD values and multiplying by $20.

Investopedia Says:
To calculate the CDD, take the average of a day's high and low and subtract 65. For example, if the day's average temperature is 80F, its CDD is 15. If everyday in a 30-day month had an average temperature of 80F, the month's CDD value would be 450 (15 x 30). The nominal settlement value for tis month's weather derivative contract would therefore be $9000 (450 x $20).

Related Links:
Learn about a financial instrument that makes temperature a tradeable commodity. Introduction To Weather Derivatives
For those who are new to futures but want a solid understanding of them, this tutorial explains what futures contracts are, how they work and why investors use them. Futures Fundamentals


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Columbia Encyclopedia: degree-day
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degree-day, a unit of measure used to estimate the fuel and power requirements in heating and cooling a building; it is equal to a difference of 1 degree between the outdoor daily average temperature (the mean of the maximum and minimum daily dry-bulb temperatures) and a reference temperature. Degree-days are an indicator of how far the average temperature departs from a human comfort level called the base. In the United States the base is generally 65°F (18°C), although in very warm or cold locations an alternative may be used, while in Great Britain the base is 15.5°C (60°F).

Each degree of outside average temperature below the base is one heating degree-day (HDD), and each degree above the base is one cooling degree-day (CDD). To calculate the number of heating degree-days in a month, for example, the outdoor average temperature for each day is subtracted from the base, and the results for each day are added (with negative remainders being treated as 0).

Heating degree-days are a measure of the severity and duration of cold weather; the colder the weather over a given period the higher the cumulative heating degree-day value. Similarly, the warmer the weather over a given period, the higher the cumulative cooling degree-day value. The ability to compare one week, month, or other period with another using degree-days permits the analysis of seasonal patterns of energy consumption, enables the setting and tracking fuel and power budgets, and can be used to verify that projected economies are achieved by energy-saving measures.

The growing degree-day (GDD), an extension of the degree-day concept, is defined as a day on which the mean daily temperature is one degree above the minimum temperature required for the growth of a particular crop. The GDD is used as a guide to planting times and for determining the approximate dates when a crop will be ready for harvesting.


Wikipedia: Growing-degree day
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Growing degree days (GDD), also called growing degree units (GDUs), are a heuristic tool in phenology. GDD are a measure of heat accumulation used by horticulturists and gardeners to predict the date that a flower will bloom or a crop reach maturity.

In the absence of extreme conditions such as unseasonal drought or disease, plants grow in a cumulative stepwise manner which is strongly influenced by the ambient temperature. Growing degree days take aspects of local weather into account and allow gardeners to predict (or, in greenhouses, even to control) the plants’ pace toward maturity.

Unless stressed by other environmental factors like moisture, the development rate from emergence to maturity for many plants depends upon the daily air temperature. Because many developmental events of plants and insects depend on the accumulation of specific quantities of heat, it is possible to predict when these events should occur during a growing season regardless of differences in temperatures from year to year. Growing degrees (GDs) is defined as the number of temperature degrees above a certain threshold base temperature, which varies among crop species. The base temperature is that temperature below which plant growth is zero. GDs are calculated each day as maximum temperature plus the minimum temperature divided by 2 (or the mean temperature), minus the base temperature. GDUs are accumulated by adding each day’s GDs contribution as the season progresses.

GDUs can be used to: assess the suitability of a region for production of a particular crop; estimate the growth-stages of crops, weeds or even life stages of insects; predict maturity and cutting dates of forage crops; predict best timing of fertilizer or pesticide application; estimate the heat stress on crops; plan spacing of planting dates to produce separate harvest dates. Crop specific indices that that employ separate equations for the influence of the daily minimum (nighttime) and the maximum (daytime) temperatures on growth are call crop heat units (CHUs).

Contents

GDD calculation

GDD are calculated by taking the average of the daily maximum and minimum temperatures compared to a base temperature, Tbase, (usually 10 °C). As an equation:

GDD = \frac{T_\mathrm{max}+T_\mathrm{min}}{2}-T_\mathrm{base}.

GDDs are typically measured from the winter low. Any temperature below Tbase is set to Tbase before calculating the average. Likewise, the maximum temperature is usually capped at 30 °C because most plants and insects do not grow any faster above that temperature. However, some warm temperate and tropical plants do have significant requirements for days above 30 °C to mature fruit or seeds.

For example, a day with a high of 23 °C and a low of 12 °C would contribute 7.5 GDDs.

\frac{23+12}{2}-10=7.5

A day with a high of 13 °C and a low of 10 °C would contribute 1.5 GDDs.

\frac{13+10}{2} - 10=1.5

Plant development

Common name Latin name Number of growing degree days baseline 10 °C
Witch-hazel Hamamelis spp. begins flowering at <1 GDD
Red maple Acer rubrum begins flowering at 1-27 GDD
Forsythia Forsythia spp. begin flowering at 1-27 GDD
Sugar maple Acer saccharum begin flowering at 1-27 GDD
Norway maple Acer platanoides begins flowering at 30-50 GDD
White ash Fraxinus americana begins flowering at 30-50 GDD
Crabapple Malus spp. begins flowering at 50-80 GDD
Common Broom Cytissus scoparius begins flowering at 50-80 GDD
Horsechestnut Aesculus hippocastanum begin flowering at 80-110 GDD
Common lilac Syringa vulgaris begin flowering at 80-110 GDD
Beach plum Prunus maritima full bloom at 80-110 GDD
Black locust Robinia pseudoacacia begins flowering at 140-160 GDD
Catalpa Catalpa speciosa begins flowering at 250-330 GDD
Privet Ligustrum spp. begins flowering at 330-400 GDD
Elderberry Sambucus canadensis begins flowering at 330-400 GDD
Purple loosestrife Lythrum salicaria begins flowering at 400-450 GDD
Sumac Rhus typhina begins flowering at 450-500 GDD
Butterfly bush Buddleia davidii begins flowering at 550-650 GDD
Corn (maize) Zea mays 1360 GDD to crop maturity
Dry beans Phaseolus vulgaris 1100-1300 GDD to maturity depending on cultivar and soil conditions
Sugar Beet Beta vulgaris 130 GDD to emergence and 1400-1500 GDD to maturity
Barley Hordeum vulgare 125-162 GDD to emergence and 1290-1540 GDD to maturity
Wheat (Hard Red) Triticum aestivum 143-178 GDD to emergence and 1550-1680 GDD to maturity
Oats Avena sativa 1500-1750 GDD to maturity
European Corn Borer 207 - Emergence of first spring moths

Insect development and pest control

Growing degree days are also used by some farmers to time their use of pest controls so they are applying the treatment at the point that the pest is most vulnerable. For example:

  • Black cutworm larvae have grown large enough to start causing economic damage at 165 GDD
  • Azalea Lace Bug emerges at about 130 GDD
  • Boxwood leaf miner emerges at about 250 GDD

Several beekeepers are now researching the correlation between GDD and the lifecycle of a honeybee colony.

Baselines

10 °C is the most common base for GDD calculations, however, the optimal base is often determined experimentally based on the lifecycle of the plant or insect in question.

GDDs may be calculated using either Celsius or Fahrenheit, though they must be converted appropriately; 5 GDDC = 9 GDDF

See also

References

PD-icon.svg This article incorporates public domain material from the Congressional Research Service document "Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition" by Jasper Womach.

Notes

Bibliography

External links


 
 

 

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Investment Dictionary. Copyright ©2000, Investopedia.com - Owned and Operated by Investopedia Inc. All rights reserved.  Read more
Columbia Encyclopedia. The Columbia Electronic Encyclopedia, Sixth Edition Copyright © 2003, Columbia University Press. Licensed from Columbia University Press. All rights reserved. www.cc.columbia.edu/cu/cup/ Read more
Wikipedia. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article "Growing-degree day" Read more