Archive for January, 2008

Bullish cocoa weather outlook

 Cocoa is trading at its highest levels in over 4 years, and this is being supported by the relative dryness in West African growing regions.  Numerous articles in trade wires are quoting meteorologists saying that it has been very hot and dry, and that is fueling this recent spike.  That is only half true.  Abidjan [...]

US energy outlook

The US saw a relatively cold week for much of the country last week as cold Arctic air migrated into the Upper Midwest and eastern states, keeping energy demand requirements relatively strong for late January. This recent cold snap is following the WTI forecast for most demand centers around the country. The North [...]

World soft commodities/weather update

Attached is the World Weather and Sugar/Soft Commodities update for January 15, 2008.
worldsugarsofts-jan-15-2008_v2n2.pdf

World sugar/softs update

SUGAR/SOFTS 09JAN08 Attached is the weekly Weather Trends International World Sugar/Softs Commodity newsletter for 09 Jan 2008.

Weather supporting higher coffee futures

Following the attention that the global coffee S&D has been receiving, the outlook is likely to support bullish behavior in coffee futures. Pre-flowering rainfall in Brazil , the world’s largest coffee producer, was deficient last year, and the poor bloom is translating to reductions in yield expectations for the coming harvest. [...]

Weather Trends International Year-Ahead Accuracy

See this post in the WTI Trendsetter Retail Weather Blog regarding December accuracy.