(ZSN24)(SOYB)(ZCN24)(CORN)(ZWN24)(KEN24)(WEAT) 

“How prevailing weak El Niño conditions are causing global crop concerns for corn and soybeans”

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

•  Friday Evening Weekend Report - May 3-5, 2024  

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

Jim's weekend video covers these topics:

• Global weather concerns in South America and South Africa are lower global corn crops.
• Near historic flooding in Rio Grande Do Sul (in southern Brazil) is harming and delaying the remaining 40% of their soybean crop.
• Grain prices are reversing recent bear market trends and are perking up with big short positions.
• How our long-range weather software (www.climatepredict.com) is using teleconnections (such as the weakened El Niño) to predict May weather for crop-growing areas across the globe.
• Drought-easing Midwest rains may be beneficial for Midwest farmers (as long as summer isn't hot and dry). However,  some minor short-term concerns remain about planting delays due to hail, flooding, and tornadoes.

Enjoy!

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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.

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