Author: Michael Ferrari, PhD
VP, Applied Technology & Research
Readers of this column should no doubt be aware of our bias towards the importance of India with respect to the amount of physical sugar that is available to the world market at any given time. We have stated numerous times that the sub-optimal pattern with respect to [...]
Author: Michael Ferrari, PhD
VP, Applied Technology & Research
The seasonal rainfall in the northern Indian sugarcane producing regions is still deficient, despite an improvement in the country weighted average (moving from -5% to -2% since last week). Rainfall over Uttar Pradesh has been consistent over the last three days, and looks to remain favorable for the [...]
Author: Michael Ferrari, PhD
VP, Applied Technology & Research
As we have been discussing each week, the trend of favorable rains in the south but deficient rains in northern India continues. The weekly update from the Indian Met Dept is shown below which shows seasonal rainfall totals through August 18. The weighted total slipped slightly to -5% [...]
Author: Michael Ferrari, PhD
VP, Applied Technology & Research
Wheat continues to dominate news in the grains/oilseeds space – this time the focus is Australia. Eastern Australia has benefited from a favorable patter over the last several months, but the western wheat belt has been stuck in a persistent dry pattern. In a Bloomberg article today, the [...]
