World sugar continues to trade below the 10 cent mark, with the first two sessions this week seeing a range for March between 9.59 and 9.93. The short term fundamentals should not do much to change this. Over the last 1-2 months, there has been a great deal of talk about extended dryness, [...]

Sugar in the single digits – a welcome sight, given the current level of speculation in global ag commodities. Weather Trends’ clients will see that the breakdown of Brazil’s seasonal dryness is starting to occur, as our forecast had pointed to. And while it will still be drier than normal, the return of [...]

Poor weather in the Australian wheat region may lead to further cuts in production estimates for this year’s crop; this is beyond the recent cut a couple of weeks ago when ABARE dropped their forecast by nearly a third to 15.5 mmt.  The vegetation NDVI image below shows the decrease in crop conditions in New [...]