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"El Niño Neutral” … What sugar and other soft commodity prices may do![]() (CANE) (SBN25) (KCN25) (CCN25) (CTN25) "El Niño Neutral” … What sugar and other soft commodity prices may do by Jim Roemer - Meteorologist - Commodity Trading Advisor - Principal, Best Weather Inc. & Climate Predict - Publisher, Weather Wealth Newsletter Scott Mathews, Editor
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The factors that will influence sugar prices this coming summer and autumn are the focus of my video. To view the video >>> P L E A S E C L I C K H E R EWeatherWealth subscribers received this video a month ago; it covers the following:
2) India’s weather (#2 sugar producing country) will be very important this summer. The Indian government will ultimately make decisions with respect to their export market. If they hold back exports due to a poor crop, this will help the market later; 3) The importance of the Antarctic Oscillation Index (AAO), Indian Ocean Dipole (IOD), and Eurasian winter snow cover are critical factors in predicting India's upcoming monsoon. Right now. I expect a healthy monsoon for most of India that will be beneficial to most crops, as that nation's trillion dollar economy depends on it; 4) Crude oil prices can greatly affect sugar's market value. What other criteria will be important to gauge sugar market direction?
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The free past issue was written more than a month ago and discussed everything from the soybean oil market, to sugar and coffee with our trading ideas suggested to WeatherWealth clients. In just a few weeks, one trade alone in cocoa, grains, natural gas, etc. could potentially pay for our newsletter for a year.
Jim Roemer, Scott Mathews and the BestWeather Team Mr. Roemer owns Best Weather Inc., offering weather-related blogs for commodity traders and farmers. He also is a co-founder of Climate Predict, a detailed long-range global weather forecast tool. As one of the first meteorologists to become an NFA registered Commodity Trading Advisor, he has worked with major hedge funds, Midwest farmers, and individual traders for over 35 years. With a special emphasis on interpreting market psychology, coupled with his short and long-term trend forecasting in grains, softs, and the energy markets, he commands a unique standing among advisors in the commodity risk management industry.
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