(ZCZ24) (ZSX24) (CORN) (SOYB) (NGU24) (UNG) (BOIL) (KOLD)
“Corn belt, natural gas weather forecast techniques & comparisons to the great 1993 Midwest floods”
by Jim Roemer – Meteorologist – Commodity Trading Advisor – Principal, Best Weather Inc. & Climate Predict – Publisher, Weather Wealth Newsletter
- Holiday Report: July 4, 2024
More heavy rains the next week may aggravate already flooded soybean and corn fields in the NW corn belt, while normal to cool weather benefits corn pollination. Will drier weather in the NW belt occur deeper in July and rains for dry areas of the eastern corn belt?
To View Video > > > > > P L E A S E C L I C K H E R E
Today’s video addresses the following:
- How we second-guessed “hot-dry” corn belt weather models (2 weeks ago) to predict the down move in corn (the bearish USDA acreage report also helped)
- What is the -WPO index in meteorology? How did it help to squash the huge early summer heat dome?
- Calling the 15-20% collapse in natural gas prices ahead of the pack over a week ago
- Too much rain will still hit the NW corn/soybean belt. Will it dry out later?
- Midwest flood risks and a comparison to the historic grain belt floods of 1993
Please feel free to join fellow friends, farmers or commodity traders around the world that want an advantage receiving more accurate weather forecasts and trading ideas for grains, natural gas and soft commodities here.
Download a free report from last week. https://www.bestweatherinc.com/new-membership-options/
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.
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.
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.