Investing grains weather models predicting El

Weather models predicting El Niño-related dryness in South America have been a catalyst for upward revisions in "investing grains" pricing models. This climate risk is now embedded into futures spreads across several exchanges. “If you took a trip outside Saginaw and you were coming back in the late evening or nighttime, that sign was the first thing you hunted for,” said Mudd, a Saginaw historian and preservationist. “When you saw that, it meant you were home. It was home.” Notoriously volatile US natural gas is one of the weakest performers this month, down more than 8%. Storage injections continue to outpace the five-year average, leaving inventories 6.6% above normal levels for this time of year. Without a significant late-summer heatwave or major hurricane disruption to Gulf Coast production, the ample storage cushion will limit upside, though weather-driven volatility could reassert itself quickly. The latest CFTC positioning report indicates increased institutional buying in "investing grains", particularly soybean-linked ETFs. Hedge funds have built net-long positions at levels not seen since early Q1, suggesting upward momentum could carry prices another 5–7% by month’s end.