In our report to clients on Monday (26 Jul), we wrote:
We’ve seen dramatic spikes in both beans & wheat – this week it may be time for corn to pop. The story in the corn/soy belt this week will be rain (particularly in the WCB). While overnight markets are lower, we expect to see support [...]
Author: Michael Ferrari, PhD
VP, Applied Technology & Research
Readers here know that WTI spends a lot of time discussing the vagaries of the Indian Monsoon from both a long and short range perspective, as the seasonal pattern is crucial not only for the development of the country’s sugarcane crop, but also to the importance of the [...]
spot sugar futures briefly crossed the 19 cent mark this morning; currently trading at 18.77. yesterday (monday) range was between 18.2-18.6
Author: Michael Ferrari, PhD
VP, Applied Technology & Research
Looking the this morning’s model runs, by day 3, high pressure looks to set in once again over northern India, and the favorable rainfall pattern that the northern growing belt has seen over the last couple of days will start to scale back. 500mb hts (via GFS) hinting [...]
Author: Michael Ferrari, PhD
VP, Applied Technology & Research
While sugar futures are starting off the week with support, expect this to fade as a very active Indian Monsoon pattern will help the country’s sugar cane regions in the northern belt. In addition, while delays are present in sugar exporting out of Brazil will occur, emotion has [...]
