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TFC Commodity Trading Forum

Re: weather Jan 14-21
In Response To: Re: weather Jan 14-21 ()

yesterday was good...but there's a little mix in the messages this week. Extractions to be reported this Thursday the 17th will be below normal as it will take into account much of the eastern heat wave. On the other hand, cold air will make it across the NE by Tuesday and the outlook for much of the eastern half of the lower 48 is near to a little below normal Wednesday-Friday and then a real cool down sets in 19-26. So, if the market reacts only to the very short term, prices may stall or even fall this week although there's nothing but bullish weather on tap for the rest of the month. I will do the usual detailed update tomorrow.