Author: Michael Ferrari, PhD
VP, Applied Technology & Research
Last week’s call for a stronger downside move materialized, and further verified the view that we have been pushing since late November of last year. May10 futures are currently below our recent downside target of 23 cents; as such, we are advising clients to look at the [...]
Author: Michael Ferrari, PhD
VP, Applied Technology & Research
Here is the discussion of the world sugar markets that was communicated earlier this week:
World sugar futures continue to trade in the range that WTI has been discussing, as the market comes to grips with the fact that, while a global shortage in physical supply still exists, we [...]
Author: Michael Ferrari, PhD
VP, Applied Technology & Research
Will this be the week where world sugar breaks, or will the impressive rally in raw sugar continue? While most in the ags space spend nearly all of their time and energy in analyzing the grains sector, the big story, and one that will continue to unfold [...]
Author: Michael Ferrari, PhD
VP, Applied Technology & Research
Last week saw more choppy trade in world sugar, with Oct inching higher after dropping to below the 21 cent mark. Speculation about the size of the current Indian crop as well as expectations for next year are fueling the uncertainty on the supply side. India’s [...]
Author: Michael Ferrari, PhD
VP, Applied Technology & Research
In April 1998, a Foresight workshop was convened which focused on seasonal weather forecasting as a tool for better understanding the risks to the global agricultural supply chain. This event was represented by attendees from academia, agro/chemical companies, retailers, growers/manufacturers, and the government, and the focus was [...]
Author: Michael Ferrari, PhD
VP, Applied Technology & Research
October ICE sugar futures remain at the precarious 22+ cent range early Monday, as the market struggles to find a fair value range in the midst of supply side uncertainty. The size of the production deficit in India, primarily driven by poor monsoon rains is still debated, [...]
