Why the bears are driving the wheat and soybean markets
“Why the bears are driving the wheat and soybean markets"
by Jim Roemer - Meteorologist - Commodity Trading Advisor - Principal, Best Weather Inc. & Climate Predict - Publisher, Weather Wealth Newsletter
- Weekend Report - September 22-24, 2023
PLEASE CLICK HERE < < < < to view video
This video we recorded on Wednesday (9/20) addresses the recent price decline in wheat and soybeans. We also enumerate the seasonal factors at play. In addition, we go into detail about how teleconnections will influence global weather which is crucial for grains and soft commodities. Hot, dry weather for Brazil's coffee may be a concern, but what about for their soybeans and corn? It is a bit too early to worry about it just yet, considering that the U.S. harvest is still ahead of us.
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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 on six continents. 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.
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.