A potential Gulf Hurricane coming after all? Quick comments about cocoa, coffee and sugar weather.

(NGV24) (UNG) (BOIL) (KOLD) (NGX24) (CCZ24) (CAZ24) (KCZ24) (RMX24) (SBV24) (CANE) (SWV24) 

“A potential Gulf Hurricane coming after all? Quick comments about cocoa, coffee, and sugar weather.”

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

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The discussion in this video addresses the following:

• A look at why tropical waves off Africa have been non-existent this summer and have diminished the hurricane season thus far;
• Record warm ocean temperatures: + all about the “Loop Current”… with comparisons to 2005 (Hurricane Katrina);
• The possibility of a major hurricane in the Gulf of Mexico (around September 10th?)  >>> What are some potential impacts?;
• A quick discussion of why sugar prices have rallied, but a healthy Indian Monsoon may offset the bullishness of Brazil's drought and its fires;
• Weather conditions in Brazil are contributing to volatile coffee prices.

 

Download a 2-week free trial period to WeatherWealth and get updates and trading ideas in the energy markets during the busiest time of the hurricane season. Also, we will be publishing an in-depth report about cocoa and our longer-term view. https://www.bestweatherinc.com/membership-sign-up/

Thanks for your interest in commodity weather!

Jim Roemer, Scott Mathews, and The Weather Wealth Team 

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.

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