Global Ag Weather Pattern Outlook Update for 2021

Published on: May 5th, 2021

In this report, Shawn Hackett, president of Hackett Financial Advisors, provides an update on global Ag through his weather pattern outlook for 2021 and 2022. He explains the tailwinds that will become bullish drivers for Ag markets—in particular, for coffee with colder than normal sea surface temperatures off of Central North Brazil and negative readings for PDO, AAO, and PDO/AMO combination. He also breaks down his reasoning behind the Brazilian Real potentially bottoming out soon and then surging up, which could unleash currency inflation into 2022 and add another bullish driver for Ag markets.