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Weather Trends International News Archives

 

June 12, 2008

United Kingdom’s Homebase Slumping Quarter -- Attributed to Poor Weather (Retail Week)
"Seasonal items fell 20% on a 5% decline in overall sales to £440 million."

June 11, 2008 Corn Jumps to Record as U.S. Cuts Output Estimate on Heavy Rain (Bloomberg)
"Corn rose for a sixth day to a record in Chicago, leading gains in soybeans, wheat and rice, after the U.S. cut its output estimate by 3.2 percent from a May forecast as cold, wet weather delayed planting and flooded fields."
June 10, 2008

Biofuels: Brazil disputes cost of sugar in the tank (Guardian)
"Ethanol producers cut the carbon but still come under fire from campaigners..."

June 10, 2008

Food shortages feared as weather threatens global harvests
(International Herald Tribune)
"In a year when global harvests need to be excellent to ease the threat of pervasive food shortages, evidence is mounting that they will be average at best. Some farmers are starting to fear disaster."

June 5, 2008 Food Is Gold, So Billions Invested in Farming (New York Times - Business)
"Investment funds have already poured hundreds of billions of dollars into booming financial markets for commodities … but a few big private investors are starting to make bolder and longer-term bets."
June 3, 2008 Weather Trends in May for Major Countries (Bloomberg)
"one degree Celsius change on a country/monthly level is very significant and will impact overall ..retail/economic performance."
May 28, 2008 US food faces "structural change" from cost hike (Just-food.com)
"The rise in commodity costs could spark a "structural change" in the US food industry"
April 17, 2008 Soybeans Rise as Global Demand Boosts U.S. Exports; Corn Steady (Bloomberg)
  "Wet Weather may continue into May"
April 2, 2008 Sugar Rises in N.Y., Halting Four-Session Loss, as Dollar Drops (Bloomberg)
 "...the cane crop in Brazil, the biggest producer, received beneficial rains last month"
Feb 13, 2008 Cocoa Posts Longest Rally Since 1989 on Fund, Industry Buying (Bloomberg)
  "Cocoa has benefited from a strong bullish stance in commodities"
Feb 21, 2008 Cocoa Hits Its Sweet Spot (Hardassetsinvestor)
"one degree Celsius change on a country/monthly level is very significant and will impact overall ..retail/economic performance."
Jan 4, 2008 Orange Juice Falls to 5-Week Low as Freeze Spares Florida Crop (Bloomberg)
."Temperatures in growing regions didn't stay below freezing long enough to cause damage"
November 2007 Forecast Calls for Sales (Connecting NWA)
"Wal-Mart suppliers have access to a data warehouse rich with sales information..."
   
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