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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Jim Fleming who wrote (65538)	8/17/2010 6:07:39 AM
From: elmatador	Respond to of 219612

La Niña gathers herself to upset crop prices. The recurring weather phenomenon, caused by a fall in water temperature in the tropical Pacific, could alter rainfall and temperature patterns across some of the world’s most important tracts of agricultural land. The likely effects on production Wheat: Dryness might reduce Argentine wheat crop. Eastern Australia could benefit from more rain, but that is unlikely to help the west of the country, struggling with dry conditions. Corn: Drier conditions than usual could cut the corn crop in Argentina and southern Brazil. But that would be partially offset by good rainfall in South Africa. Soyabeans: Dry conditions in Argentina and southern Brazil may be offset by good growing conditions in central Brazil. Coffee: Rains may begin late in Brazil, the world’s largest grower, but will produce a deluge when they do come, making production hard to predict. Indonesian and Vietnamese output may fall on the back of heavy rains. Oil: More active Atlantic hurricane season likely to increase prices. Natural gas: More active hurricane season could give prices a lift in the near term, but a milder Northern Hemisphere winter would reduce demand from central heating users. ft.com