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Why soybeans and natural gas prices continue collapsing, while cocoa remains in a panic frenzy

Best Weather Inc. - Fri Feb 23, 6:35PM CST

(ZSK24)(SOYB)(NGJ24)(UNG)(BOIL)(KOLD)(CCK24) 

“Why soybeans and natural gas prices continue collapsing, while cocoa remains in a panic frenzy”

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

  •  Friday Evening Weekend Report - February 23-25, 2024  

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

Our WeatherWealth video addresses the following:

  • Why other meteorologists calling for a cold late winter (and being bullish on natural gas) have missed the warm boat
  • What is driving the historic move up in cocoa prices on the worst crop in decades?
  • Why our BestWeather Spider trade sentiment has been bearish on soybeans going on two months now
  • A look at global weather and why El Niño may not transition to La NIña as quickly as others think
  • Potential longer-term weather impacts for the grain markets


Download a complimentary issue of WeatherWealth from about 2 weeks ago: https://www.bestweatherinc.com/new-membership-options/


 


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.

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