Archive for the 'Global Commodities' category
Posted on August 5th, 2011 in Agriculture, Global Commodities, Global Weather, India, Sugar, futures, monsoon with no comments
Last week’s rainfall totals in India’s sugarcane regions has been light in both growing belts; see IMD map below.
Current water vapor satellite is showing less activity in more weak activity & this supports the JulAug dryness that the Weather Trends long range forecast had predicted for this period. With tight physical supply, this is constructive [...]
Posted on July 7th, 2011 in Agriculture, FAO, Global Commodities, Global Weather, India, Sugar, food, futures, monsoon with no comments
World Sugar (Oct) has crossed 29 cents/lb on Thursday as the increasing cost of food prices (sugar included) has added to global inflationary pressures. The Food and Agriculture Organization (FAO) said in a recent statement that the increasing pressure on food prices will be sustained and that while some food commodity prices have slid over [...]
Posted on June 3rd, 2011 in Global Commodities, Global Weather, commerce with no comments
I’ll be on a panel discussing weather related investment opportunities at the Earth’s Resource Conference, sponsored by Standard Chartered.
Posted on May 31st, 2011 in Agriculture, Global Commodities, Global Weather, India, Sugar, food, futures, monsoon with no comments
Author: Michael Ferrari, PhD
VP, Applied Technology & Research
The above graphic from the Indian Met Department shows the advance of the 2011 Monsoon as compared to typical onset milestone dates. As we can see by the progression as of 29-30 May, as well as on the inset map, the convective activity originating over the southern subcontinent [...]
Posted on May 26th, 2011 in Agriculture, Biofuels, Global Commodities, Global Weather, USDA, food, futures with no comments
Author: Michael Ferrari, PhD
VP, Applied Technology & Research
The table above from this week’s USDA Crop Progress report underscores the effect that delayed planting this year has exerted on emergence of the crop. In spite of planting progress that has picked up over the last 10 days, some regions may start to run into situations where [...]
Posted on May 18th, 2011 in Agriculture, Global Commodities, Global Weather, USDA with no comments
The La Nina pattern continues to drift towards neutral conditions, but the transition is slow. Pacific equatorial SSTs cold anomalies have dissipated further since last month’s report, and colder water is now present in the North Atlantic. However, the Southern Oscillation Index finished April with another month strongly in positive territory, and the leading edge [...]