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
This article in Bloomberg Business Week today is in line with how we are viewing the current US corn & soybean crops at Weather Trends. No doubt, the 2010 crop for both commodities will still produce good numbers for the 18 major growing states. However, we think both [...]
From Monday’s (02 Aug) NASS report:
week ending Aug 1
Corn (18 major states): 93% silking vs. 74% LY & 86% 5ya; 31% dough vs. 13% LY & 24% 5ya.
Soybeans (18 major states): 86% blooming vs. 74% LY % 83% 5ya; 53% pod-set vs. 33% LY % 48% 5ya.
Author: Michael Ferrari, PhD
VP, Applied Technology & Research
Here is the Weather Trends outlook for the progress of the Indian monsoon over the next 7 days. The first map shows total precipitation expectations for the next 7 days, the second is the forecast vs. the same period in 2009 and the third map is the forecast [...]
Author: Michael Ferrari, PhD
VP, Applied Technology & Research
ICE sugar futures are up this morning, again pushing through the mid 16 cent barrier (Jul currently at 16.6). Licht came out with a statement (reported via Bloomberg) that higher production in Brazil & India is allowing them to raise their forecast for global production to 155 mmt [...]
Author: Michael Ferrari, PhD
VP, Applied Technology & Research
The Indian Monsoon is progressing as we expected this year – we had forecast a better start than last year which has verified with strong convective activity bringing rains to much of the southern subcontinent. However, the Weather Trends forecast has differed from the Indian Meteorological Department (IMD) [...]
