{"id":1621,"date":"2009-08-02T11:38:07","date_gmt":"2009-08-02T11:38:07","guid":{"rendered":"http:\/\/blog.beliefnet.com\/astrologicalmusings\/2009\/08\/speculators-betting-on-sugar-w.html"},"modified":"2009-08-02T11:38:07","modified_gmt":"2009-08-02T11:38:07","slug":"speculators-betting-on-sugar-w","status":"publish","type":"post","link":"https:\/\/www.beliefnet.com\/columnists\/astrologicalmusings\/2009\/08\/speculators-betting-on-sugar-w.html","title":{"rendered":"Speculators betting on sugar when Saturn enters Libra"},"content":{"rendered":"<p>If you haven&#8217;t noticed the Wall Street Weather blog in my blogroll, you owe it to yourself to take a look. &nbsp;This is an excellent site for anyone interested in the astrology of politics and economics. &nbsp;Today she writes on sugar futures:<\/p>\n<div><\/div>\n<blockquote class=\"webkit-indent-blockquote\"><p>Raw sugar prices have climbed to a three year high as bad weather threatens crop<br \/>\nyields in Brazil and India, the world&#8217;s largest sugar producers.&nbsp;<\/p><\/blockquote>\n<div><\/div>\n<blockquote class=\"webkit-indent-blockquote\"><p>In &#8220;<a href=\"http:\/\/www.ft.com\/cms\/s\/0\/73ee49ee-7bd7-11de-9772-00144feabdc0.html\">Sugar<br \/>\nprices head towards the sky<\/a>,&#8221; the <em>Financial Times<\/em> reports that<br \/>\ntraders are betting that &#8220;<em>the physical market will be at its tightest<br \/>\nbetween November and April. They forecast that the price peaks will be seen in<br \/>\nthe <\/em><a href=\"https:\/\/www.theice.com\/productguide\/ProductDetails.shtml?specId=23\"><em>ICE<br \/>\nMarch 2010 raw sugar contract<\/em><\/a><em>.&#8221;<\/em><\/p><\/blockquote>\n<div><\/div>\n<blockquote class=\"webkit-indent-blockquote\"><p>What&#8217;s interesting is<br \/>\nthat the planetary picture correlates to traders&#8217; bullish sentiment.&nbsp;<\/p><\/blockquote>\n<div><\/div>\n<blockquote class=\"webkit-indent-blockquote\"><p>Sugar is ruled by Venus, the planetary ruler of Taurus and Libra. From<br \/>\nOctober 29, 2009 to April 8, 2010,* Saturn will be in Venus-ruled Libra. Saturn<br \/>\nrepresents limitations and constraints, increasing the potential for &#8220;<em>a<br \/>\nglobal deficit of historic proportions<\/em>&#8221; forecast by Barclays Capital soft<br \/>\ncommodities analyst Nicholas Snowdon.&nbsp;<\/p><\/blockquote>\n<div><\/div>\n<blockquote class=\"webkit-indent-blockquote\"><p>Saturn creates harsh weather<br \/>\nconditions. Since September 2007, <a href=\"http:\/\/www.wallstreetweather.net\/2007\/08\/time-to-clean-up-saturn-in-virgo.html\">Saturn<br \/>\nhas been in Virgo<\/a>, an earth sign ruling the harvest. With Saturn opposing<br \/>\nUranus, the planetary energy of extreme conditions from autumn 2008 through<br \/>\nmid-2010, weather conditions have either been too wet or too dry in many key<br \/>\ncrop growing regions. With <a href=\"http:\/\/in.reuters.com\/article\/economicNews\/idINIndia-41453920090731?sp=true\">Uranus<br \/>\nin water sign Pisces<\/a>, the sugar crop is suffering from too much wet weather<br \/>\nin Brazil versus a lack of monsoon rains in India&#8217;s key sugarcane growing<br \/>\nregion.&nbsp;<\/p><\/blockquote>\n<blockquote class=\"webkit-indent-blockquote\"><p><\/p><\/blockquote>\n<p><i><a href=\"http:\/\/www.wallstreetweather.net\/2009\/07\/speculators-betting-sugar-will-bring.html\">read more here&#8230;<\/a><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you haven&#8217;t noticed the Wall Street Weather blog in my blogroll, you owe it to yourself to take a look. &nbsp;This is an excellent site for anyone interested in the astrology of politics and economics. &nbsp;Today she writes on sugar futures: Raw sugar prices have climbed to a three year high as bad weather&hellip;<\/p>\n","protected":false},"author":328,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[],"class_list":["post-1621","post","type-post","status-publish","format-standard","hentry","category-financial-markets"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - 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