Drought in Russia getting a lot of attention in grains markets.  Here are the monthly rainfall maps vs. normal for Apr-Jun.

Natural Gas stocks (Bcf) -3.1% vs. this time last year; weekly build (+28 Bcf) was smaller than market expectations.  Last week’s topical activity did curtail production (gas & oil) but not significantly.  Keeping an eye on tropical waves off of West Africa for next weather trigger.

Author: Michael Ferrari, PhD
VP, Applied Technology & Research
The Indian Met Dept’s weekly monsoon progress map is shown below.  This map shows seasonal totals by geography, and references the totals to normal for the specified time period.  Moisture deficiencies to date are evident in the central/northern parts of the country.  The 2010 monsoon did get off [...]

Author: Michael Ferrari, PhD
VP, Applied Technology & Research
 
The 2010 summer cooling season has already provided numerous opportunities for proactive management of weather risks using the Weather Trends long range outlooks, and we still have a long way to go.  From the extreme heat that gripped much of the central/eastern US, to the development of an [...]

(chart from finviz.com)
also, current satellite map showing less rain over sugarcane regions in northeastern India today