source: FAO STAT

Author: Michael Ferrari, PhD
VP, Applied Technology & Research
 
During President Obama’s recent visit with officials in India, one of the more interesting topics discussed addressed potential partnerships between the Indian Meteorological Department and US-based forecasting agencies and corporations.  I was asked for my opinions on this topic by a New Delhi based correspondent; here is my [...]

Author: Michael Ferrari, PhD
VP, Applied Technology & Research
 

(chart from FINVIZ.com)
The chart above shows the run in raw sugar futures over the last several months.  Around mid (northern hemisphere) summer, the market started to creep upwards, reaching a high of around 33 cents in early October.  According to an article in Bloomberg today, estimates surrounding sugar [...]

Author: Michael Ferrari, PhD
VP, Applied Technology & Research
As noted in our posts over the last year, Weather Trends has been solicited by an increasing number of end users to provide our seasonal forecast for the Indian Monsoon, following the successful forecast which was developed in 2009.  Remember in 2009, when most of the agricultural community [...]

Raw sugar futures continue to exhibit strength on global supply concerns, helped by the weaker USD.  With nearly all analysts reducing their global crop surplus estimates for 2010/11, with most are now in the range of a 3-4 mmt net global surplus (down from between 6-8 mmt).  There are more concerns now circulating the wires [...]

Author: Michael Ferrari, PhD
VP, Applied Technology & Research
 
Sugar demonstrating another week of strong performance as today’s activity (Mar11) closed at 27.81.  View the ino.com chart below for 5 day performance.

Judging by much of the market commentary we’ve seen over the past couple of weeks, the strength shown in the sugar market since August seems to [...]