by Jim Roemer | Jul 12, 2019 | Commodities, Energy, Weather
New Orleans and Texas are no stranger to hurricanes. Hurricane Katrina in August, 2005 created one of the worst national disasters in history, while two years ago, the city of Houston witnessed more than 30″ of rain that temporarily put the nation’s...
by Jim Roemer | Jul 8, 2019 | Commodities, Weather
I began telling clients “quite” early (June 23rd) about the possibility of some frost to Brazil coffee leaves and trees. A lot is still unknown about the effects of this past weekend’s frost. Often market moves on frost are psychology. Here is some...
by Jim Roemer | Jun 26, 2019 | Commodities, Weather
“Where is the next pot of gold in commodities, as I continue to tour European wheat areas?” Roemer The big commodity movers of late have been in the non weather markets in both gold and crude oil. These two markets have been breaking technical resistance...
by Jim Roemer | Jun 12, 2019 | Commodities, Weather
USDA report bullish for corn, but more weather issues will be needed to keep the corn market in an uptrend The incessant wet Midwest spring has brought about some of the worst early season US. corn crops ratings in recent memory. Indeed, the USDA has been consistent...
by Jim Roemer | Jun 3, 2019 | Commodities, Weather
About a month ago, I wrote that El Niño bears little correlation between wheat yields and weather (spring and/or summer) in Europe and the Ukraine. However, growing dryness in the easternmost Russian winter wheat areas (and potentially in the spring wheat areas) can...
by Jim Roemer | May 24, 2019 | Commodities, Global Warming
The weather over the next few months will play an important role in the development of the Ghana and Ivory Coast cocoa “main crop”, which accounts for more than 60% of world chocolate production. Concerns about disease issues in Ghana and the tail end of...
