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 [...]
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 [...]
IRI has noted that while there is a small chance that La Nina conditions could re-emerge in the coming months, they have effectively declared the record setting 2010/11 La Nina event dead. We agree with their outlook for generally neutral conditions for the remainder of the year.
The chart below shows the dramatic shift in the [...]
I’ll be on a panel discussing weather related investment opportunities at the Earth’s Resource Conference, sponsored by Standard Chartered.
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 [...]
