The Southern Oscillation Index value for January2011 was again strongly entrenched in positive phase (chart from the Australia Bureau of Met).
La Nina conditions to continue, with effects on prices of everything from corn to coal. Weather Trends map below shows current snapshot of Pacific cold SST anomalies.
Author: Michael Ferrari, PhD
VP, Applied Technology & Research
If the recent widespread flooding across Queensland wasn’t enough, Cyclone Yasi just made landfall. This impressive system will only add to the market uncertainty, particularly in the commodity sector.
The sugar sector has wasted no time in reacting; we are also expecting additional strength in coal. The March ICE [...]
Author: Michael Ferrari, PhD
VP, Applied Technology & Research
In the weather and climate community, 2010 will be remembered as a year where the strong La Nina pattern exerted a significant influence on global agricultural production, with weather extremes hitting key commercial producing regions across a number of sectors. The Southern Oscillation index (SOI), a measure of [...]
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
The Agricultural Outlook Americas conference was held in Boston this week. This year’s event brought together a mix of growers, investors and technologists, with discussions ranging from new investments on the farm to currency hedges. The three day event contained too many interesting discussion [...]
