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Which Teleconnections are Key for Winter Forecast and Natural Gas Prices?
Warm Blocks near Arctic Circle; Weak La Nina, still key for winter weather
Feet More Snow Coming To The West—Pattern Favors Improved Snowfall for New England in December
Some of the best skiing in the U.S. will be across the Pacific Northwest and into places in Utah (Snowbird, Utah), etc. the next few weeks. Several more feet of snow will fall from the Cascades and N. Sierras to the Wastach range in Utah making for...
Teleconnections and Winter Forecast
KEY POINT—GLAAM (which has to do with El Nino/La Nina) is acting much more like a La Nina. This is different that I thought 2 months ago. This will have some important implications for cocoa (good crops) , coffee, grains (maybe Argentina dryness...
Vietnam coffee could be under more weather threats
By Jim Roemer Recent dry weather and strong Brazil real responsible for slide in coffee prices with improving Brazil weather. Off crop year still for Brazil producers. See wetter maps for Vietnam at bottom of the page with 150-400% normal rainfall...
WHEAT DOWNTREND IN PRICES CONTINUES
by Jim Roemer U.S. wheat crop holds steady at 59% good-excellent and is better than last years 55% good-excellent. Crop about to head into dormancy with beneficial moisture expected off and on the next 10 days. Wheat prices hit resistance last week...
Sugar Looking Less Sweet
ROEMER—After global world El Nino sugar woes a year ago and bullish attitude— STUDIES suggest an increase in global sugar prices into 2017 and lower prices NOVEMBER 23, 2016 What happens to sugar production after strong El Nino years? This graph...
Teleconnection Correlations To Forecast Improved Global Weather For Cocoa through Winter
What else can we say with good confidence? Sugar and Natural Gas COCOA Per comments months ago—-“global weather will improve for world cocoa”. Prices have done what we were hoping expecting they might do by later this fall and winter. (See news...
Explosive Move Up in Coffee
Key point---The maps, below show the heavy rain that has hindered the harvest of Robusta coffee in Vietnam the last month or so. In addition, after a good early start to the coffee bloom in N. Brazil. One can see the drier trend the last few weeks...
Warm Winter: Is it El Nino, Is it Climate Change?
Best Weather's Jim Roemer weighs in on the warm winter in a large part of the U.S. and its impact on energy prices. He speaks on "Bloomberg Markets." (Source: Bloomberg)
On-Air
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