Archive for the 'food' category

Weather Trends Brazil rainfall verification

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 [...]

Monsoon progress – 26 August

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 [...]

US dairy/feed update

Author: Michael Ferrari, PhD
VP, Applied Technology & Research
We have noted in the weekly US updates to our clients that July US milk production and yield numbers may need slight revision as a result of the heat event which occurred early in the month.  Total seasonal numbers for the US and specifically California are still going [...]

Another week of sub-par rainfall in NW India

Author: Michael Ferrari, PhD
VP, Applied Technology & Research
Several posts over the last couple of months have noted that while the Indian monsoon is overall close to normal this year, the sugarcane growing regions throughout the north (U.P., Bihar) have been moisture deficient, and the market has not yet taken notice.  As a whole, India’s seasonal [...]

US Crop Progress

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.
 
 
 
 

Russian Drought

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