Vietnam's coffee drought, U.S. grain belt weather, and Argentina's corn disease issues

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“Vietnam's coffee drought, U.S. grain belt weather, and Argentina's corn disease issues”

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

  •  Friday Evening  - April 19-21, 2024  

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

 

While the Iran-Israel tensions are having some impact on commodity trading, the weather has been a huge factor in markets such as cocoa and coffee which are having parabolic price moves. The video above talks about the following:

  • Why corn prices have not rallied in the face of disease issues and lower production in Argentina
  • The near-historic drought for Vietnam's coffee & how we called this for clients more than a month ago
  • Why El Niño-neutral conditions (not La Niña) may persist through the North American summer. This will have implications for potential improved Plains wheat weather and good planting for corn
  • A look at global crop stress

 

 

If you haven't done so already, please feel free to download a WeatheWealth issue we published two weeks ago:  “How to trade parabolic commodity moves and early season grain weather” here  >>>> https://www.bestweatherinc.com/new-membership-options/

 


 Here is a sampling of our Weather Wealth headlines in the past four weeks:


 

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.

“You can't change the weather, but you can profit from it”


 


On the date of publication, Jim Roemer did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.