SOURCE: Speedwell Weather

Speedwell Weather

January 29, 2015 12:45 ET

Speedwell Weather Announces an Expansion of South American Coffee Monitoring in Its Commodity Product

CHARLESTON, SC--(Marketwired - January 29, 2015) - Speedwell Weather is pleased to announce the continued expansion of the Speedwell Commodity Product. The latest addition focuses on increasing surface observation density in the important coffee producing regions of Brazil and Columbia. By expanding our access to surface observations in the key growing regions we are better able to understand the weather conditions impacting the crop. For each new observation point we are offering the standard suite of services including historical cleaned observations, ongoing cleaned observations, and Speedwell downscaled forecasts.

Accounting for about 33% of global coffee production the importance of the Brazilian coffee crop is undeniable. The latest additions focus mainly on southern Minas Gerias and the surrounding areas where 60% of the Brazilian Arabica is grown as well as the important Medillin, Armenia and Manizales (MAM) region in Colombia which is where the famed soft Arabica beans are grown.

Daniel Greenstein, Meteorological Analyst at Speedwell Weather says, "After a significant drought affected Brazilian coffee production last year, 2015 has started off dry. Speedwell's enhanced Brazilian coffee index will give users a better idea if more trouble is on the horizon." Access to the Speedwell Commodity Product statistical analysis and daily commentary reports provide traders with a unique perspective on the weather impacting the health of the crop.

The Speedwell Commodity Product uniquely combines a highly quantitative approach to understanding historic and forecast weather in crop areas through the Commodity Product Desktop with comment and alerts via email. Based on our archive of tens of thousands of world-wide weather data sets, no other provider is able to match the density and quality of surface observations.

To learn more about this product please visit: http://www.speedwellweather.com for additional information and a free trial.

About Speedwell Weather:
Founded in 1999, Speedwell Weather provides quality weather data, weather forecasts, software, and consultancy. From offices in the UK and the USA we serve clients world-wide in sectors including weather-risk management, energy, Insurance, and agriculture. Our data products include SuperPack® which provides unlimited access to our thousands of high quality world-wide weather data sets. Speedwell Weather is the dominant settlement agent for parametric weather risk contracts world-wide.

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