by Scott Mathews | Oct 22, 2020 | Commodities
La Niña typically affects a broad range of farm commodities Often called the “Cool Sister” of El Niño, but not because she is the “hip” one. Due to cooling waters off Peru’s coast that can extend west to Australia, she can bring above-average...
by Scott Mathews | Mar 26, 2020 | Commodities, Weather
Cocoa prices soared last winter on hot, dry weather in west Africa and strong global demand but since then has collapsed due to CoronaVirus and rains in west Africa. Back in December, I alerted clients to a strong west African Harmattan wind. It had the potential to...
by Scott Mathews | Mar 18, 2020 | Commodities
It all depends on how you look at price. Based on the London gold “afternoon fix” the all time high was on September 5th and 6th (both days) in 2011. That price was $1,896. In the recent run up, the highest London p.m. fix was $1,683.65 on March 6, 2020. When the...
by Scott Mathews | Mar 21, 2018 | Climatech, Commodities, Energy, Forecast, Global Warming
EUROPE’S BEAST FROM THE EAST The warming Arctic this winter has resulted in incredibly cold weather in parts of Europe and Northeast Asia. Another symptom has been unusual March snowstorms in the Northeast U.S., the likes of which are unprecedented. Although four...
by Scott Mathews | Feb 5, 2018 | Commodities, Energy, Markets, Weather
Best Weather is pleased to welcome our guest blogger, Scott Mathews, who tells us about weather’s role in economic events. Credits for narrative and graphic content appear at the end of this blog, below. 1857 – How a hurricane contributed to an economic panic...
