Archive for the 'Global Commodities' category

Rain light in India’s cane regions

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 [...]

Sugar exhibiting strength

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 [...]

Standard Chartered’s Earth Resource Conference

I’ll be on a panel discussing weather related investment opportunities at the Earth’s Resource Conference, sponsored by Standard Chartered.
 
 

 
 

Monsoon Onset

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 [...]

Delayed Corn Emergence

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 [...]

Corn Weather

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 [...]