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 Of late, the big commodity movers have been in non-weather markets: gold and crude oil. These two have been breaking technical resistance. This is due to a...
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 27, 2019 | Climate, Weather
Other than the Trade War tariffs that Trump has put on China, a stronger U.S. dollar and now historical Midwest flooding is a real “triple whammy” for many U.S. grain farmers. What is behind all of this wet weather? It is not just El Nino? Why some point...
by Jim Roemer | May 23, 2019 | Climatelligence, Weather
After 5 years of a global surplus of grain crops, brought on by record U.S. and mostly South American corn and soybean production and swelling world stocks of wheat, the first “real legitimate” weather market in years has developed the last 2 weeks. An...
by Jim Roemer | May 14, 2019 | Climatech, Commodities, Weather
Many commodities have been in the tank due to a combination of renewed Trade War concerns with China and a growing glut for such commodities as corn, wheat, soybeans, coffee and others. Global weather patterns have been mostly beneficial to agricultural interests over...
