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Chris Orr
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Chris Orr CCM has been advising commodities traders and investment firms about weather and climate trends for more than 20 years. In his 30+ year career as a meteorologist, he has also forecast weather for power utilities, airlines, corporate aviation departments, construction, major motion... More
My company:
Chris Orr LLC
My blog:
Global Extreme Weather Outlook Podcast
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  • Weather To Watch This Week

    Here are some of the weather stories that will impact stocks and commodities this week - or at least potentially...

    • A tropical depression will move from east of Jacksonville FL Monday to east of Cape Hatteras NC of Friday, then continue to the NE.
    • Cedar Fair (NYSE:FUN) is losing parking and concession revenue at Minnesota's largest theme park, ValleyFair. Flood waters from the Minnesota River will gradually recede but, as of June 29, three rides are closed.
    • Cool temperatures are likely across the Midwest all week. Temperatures will be 2F to 4F colder than normal.
    • Cropland flooding is likely Monday through Tuesday across southern Wisconsin, northern Illinois and extreme eastern Iowa. Up to 6 inches of rain will fall. Milwaukee will see some street flooding. The storms will be awfully close to Chicago, too, and if they move a little to the south the Windy City will see some flooding.
    • The India monsoon is still sputtering along. Most of the country has had rainfall 50% of normal or less. El Nino is no friend to the monsoon.
    • Finally, a tropical storm may form Saturday near 20N/140E. It will likely pass south of Japan the week after next.

    Those are a couple of the weather-related impacts I'm watching.

    Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Additional disclosure: This is only a snippit of what I am watching. Trade at your own risk.

    Jun 29 8:39 AM | Link | Comment!
  • Weather To Watch

    Notes from the turret...

    As expected in yesterday's article, corn (NYSEARCA:CORN) and soybeans (NYSEARCA:SOYB) are expected to rise next week due to worsening crop conditions. The Chicago Tribune reports via Reuters that the barge terminals at Savage MN (for CHS Inc and Cargill) may not ship at all next week.

    More rain will fall next week. The water will flow down the Mississippi next week and flood fields along the Iowa-Illinois border. It will gradually affect Missouri fields prone to flooding. The heavy rain across the Mississippi River Valley will diminish towards July as heat builds across the Great Plains.

    The India monsoon is very weak. I am not at all optimistic about it.

    El Nino continues to chug along. The warmer sea-surface temperatures continue to flow back to the west.

    I am watching the Gulf of Mexico and Caribbean Sea. There's a strong system poised to move through the area July 5-15. My newsletter readers will be the first to know (from me, anyway).

    Have a dandy weekend.

    --Chris

    Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Jun 20 12:22 PM | Link | Comment!
  • Some Of This Week's Weather Stories

    Here's some of what I'm working on this week's newletter..

    • Frost nicks the north edge of northwest Russia's wheat, oat and barley areas tonight/Wednesday morning.
    • This week's widespread flooding and hail damage across eastern Nebraska, northern and western Iowa, eastern South Dakota, southern Minnesota and southern Wisconsin wipes out swaths of acreage. (Shades of 1993?)
    • Rain across the wheat areas of the southwest Plains is priming the pump for a nice drought recovery this winter.
    • The elevated risk of a tropical storm July 4-15.
    • An update on India's feeble monsoon.

    There's almost too much going on.

    Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Additional disclosure: For informational purposes only. No recommendation is made or implied.

    Jun 17 9:21 AM | Link | Comment!
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