US cattle numbers down (again)
From the Ohio State Univ. Beef Team: Down Go the Cattle Numbers – Again – Chris Hurt, Extension Economist, Purdue University The nation’s beef herd continues to decline. After several years of financial...
Read MoreAuthor: Michael Ferrari
Sugar Outlook – 03 August
Author: Michael Ferrari, PhD VP, Applied Technology & Research The chart below shows how the Weather Trends long range Indian rainfall forecast is verifying so far this summer (bars: y/y change in weekly totals; line:...
Read MoreUS Crop Progress
From Monday’s (02 Aug) NASS report: week ending Aug 1 Corn (18 major states): 93% silking vs. 74% LY & 86% 5ya; 31% dough vs. 13% LY & 24% 5ya. Soybeans (18 major states): 86% blooming vs. 74% LY...
Read MoreIndia June Rainfall
Despite many reports stating that there are no problems with the 2010 Indian Monsoon, while total country numbers may indicate a healthy pattern, the distribution of seasonal precipitation reveals a different story. This...
Read MoreWTI energy outlook – Aug 02
Even though the extreme heat seen over the last 1-2 weeks will subside, the pattern is still generally warm and cooling demand will remain strong. Last Thursday’s EIA release showed natural gas stocks (Bcf) -3.1% vs....
Read MoreRussian Drought
Drought in Russia getting a lot of attention in grains markets. Here are the monthly rainfall maps vs. normal for Apr-Jun.
Read MoreEIA natural gas numbers – 29 Jul
Natural Gas stocks (Bcf) -3.1% vs. this time last year; weekly build (+28 Bcf) was smaller than market expectations. Last week’s topical activity did curtail production (gas & oil) but not significantly. ...
Read MoreMonsoon still behind in northeast India
Author: Michael Ferrari, PhD VP, Applied Technology & Research The Indian Met Dept’s weekly monsoon progress map is shown below. This map shows seasonal totals by geography, and references the totals to normal...
Read MoreThe (weather) trend is your friend
Author: Michael Ferrari, PhD VP, Applied Technology & Research The 2010 summer cooling season has already provided numerous opportunities for proactive management of weather risks using the Weather Trends long range...
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