What is an atmospheric river in meteorology and how is it affecting commodity prices?

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The combination of a warming Arctic and a series of strong storms (Atmospheric River) pounding the west coast is having the following effects on commodities:

1. Record warm weather in Europe is pressuring Dutch natural gas, as well as the U.S. energy markets
2. The warmth is also curtailing the demand for coffee
3. Sometimes when Europe warms, a dry Harmattan wind can hit west Africa. While not a major factor hurting cocoa production yet, it may be, down the road

Jim Roemer

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