Long Grains, Part I, II & III

A very quick weather update (2012 Drought Analogue)

I was following at an interesting exchange on Twitter this morning between Shawn Hackett and Arlan Suderman of StoneX. If you have been following the weather thesis of the 🐿️’s Long Grains Acorn trade ideas, you will be familiar with the 2012 analogue that Shawn has been highlighting as a potential outcome since late last year.

To my (untrained) eye, the 2 ocean temperature diagrams being shared by Arlan (2023) and Shawn (2012) look very similar indeed (notwithstanding Arlan arguing vocally to the contrary). Judge for yourselves: