El Niño’s Retreat: The Dramatic Impact On Natural Gas And Grain Prices

by | Jun 4, 2024 | Commodities, Weather

Jim Roemer – Fri May 31, 6:20PM CDT Follow this Author

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(NGN24) (TGN24) (UNG) (BOIL) (KOLD) (ZSU24) (SOYB) (ZCU24) (CORN) (ZWU24) (KEN24) (WEAT) (TAGS) (DBA) 

“Weakening El Niño, natural gas, and grain price action”

by Jim Roemer – Meteorologist – Commodity Trading Advisor – Principal, Best Weather Inc. & Climate Predict – Publisher, Weather Wealth Newsletter 

  •  Friday Evening Weekend Report: May 31 – June 2, 2024  

To View Video   > > > > >   P L E A S E   C L I C K   H E R E 

Jim’s video from May 31st covers these topics:

  • The seasonality in natural gas prices and why the market collapsed 15% the last week
  • Why some late-season moisture from Nebraska to Kansas/Oklahoma and some rains in Ukraine pressured wheat prices
  • Weakening El Niño events and possible implications for weather in the corn belt
  • Why late spring crop prospects are looking excellent in most places resulting in a new bear market in corn


Get better updated weather forecasts second guessing standard computer models for the summer grain and natural gas markets, plus trading ideas from a 40-year veteran. https://www.bestweatherinc.com/new-membership-options/


Enjoy!


 Thanks for your interest in commodity weather!
 

Jim Roemer, Scott Mathews, and The Weather Wealth Team 

  • Please feel free to learn about Jim Roemer, our track record, and how we use weather to help traders, hedgers, and investors. If you have any questions, please don’t hesitate to drop me a line  – Scott Mathews, Editor

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 established a unique standing among advisors in the commodity risk management industry.

Trading futures and options involves a significant risk of loss and is not suitable for everyone. Past performance is not necessarily indicative of future results. There is no warranty or representation that accounts following any trading program will be profitable.