CANE

How Weather Patterns may be Changing for Global Commodities

Jim Roemer will release a video for all clients on Thursday. He says a huge heat dome will affect the end of western corn belt corn pollination and soybean podding in August. Roemer's bias is to likely buy soybeans on breaks. He predicts a collapse in sugar prices in the months ahead.

Weekly Report: what happened at CANE last week (0715-0719)?

Contrarian Trading the Softs & Grains: Common Sense and the COT

Excerpts from a recent WeatherWealth newsletter published on July 18, 2024. The most oversold markets: Grains. Soft commodities have been over-bought with coffee having the largest net long position. Soybeans and corn futures have the biggest net short speculative position since 2019. Weather Wealth newsletter Weekend Advisory Report - July 19-21, 2024 contains excerpts from our recent newsletter.

Where are Soft Commodities Heading in Q3 and Beyond?

The soft commodities composite fell 2.79% in Q2 and was 26.76% higher than the 2023 closing price. Cocoa and cotton led the way in the downside in soft commodities. Soft commodities were the leading sector in Q1 2024 and 2023. In Q2, cocoa and FCOJ reached new all-time highs and are the best-performing commodities.

Weekly Report: what happened at CANE last week (0708-0712)?

Going in the opposite directions: Exploding coffee prices and potential new bear market for sugar

Jim Roemer says sugar prices typically experience a downward trend after El Niño ends. The end of El Niño often leads to more favorable weather patterns for sugar-producing regions. India’s monsoon picking up has pressured sugar prices. Other factors affecting sugar prices are not solely influenced by El Niño or La Niña.

Weekly Report: what happened at CANE last week (0701-0705)?

Weekly Report: what happened at CANE last week (0624-0628)?