Author: Michael Ferrari, PhD
VP, Applied Technology & Research
October ICE sugar futures remain at the precarious 22+ cent range early Monday, as the market struggles to find a fair value range in the midst of supply side uncertainty. The size of the production deficit in India, primarily driven by poor monsoon rains is still debated, [...]

Hurricane Bill becomes the first hurricane of the 2009 Atlantic season.  track should stay in the Atlantic, posing no threat to natural gas or oil production fields in the GOM. 

Author: Michael Ferrari, PhD
VP, Applied Technology & Research
After almost reaching the 23 cent mark last week, September sugar is back down below 22, helped by a more active monsoon pattern towards the end of last week. The rains are particularly helpful for Uttar Pradesh, India’s largest cane growing region. The danger here is [...]

Authors:
Dennis O’Donnell
Business Meteorologist
Rich Woolley
VP, Operations
Over the past weekend 3 named systems developed in the tropical Atlantic and Gulf of Mexico. The first named storm, Tropical Depression Ana, is currently positioned southeast of Puerto Rico and is forecast to move northwest in the coming days and weaken as it passes over Haiti and the [...]

Author: Rick Dunkelberger
WTI Business Applications Meteorologist
With larger than expected spring plantings after a cold and rainy start, July’s dry and mild weather has led to a bearish trend in corn prices. However, from July 1st to August 10th, temperatures in the Midwest have collectively been at least one degree cooler than any year in the [...]

The surge in world sugar futures continues with Oct09 futures getting as high as 21.55 cents/# (currently at 20.71) and Mar10 reaching 22.79, before scaling back to 22.03. This most recent spike is much more dramatic than any of the smaller surges that we have seen this year. The surge is not only [...]