Bayesian thermometer

Salekhard (66.53 °N, 66.67 °E) is located in Yamalia at the Northern end of the Ural mountain range. 95% of the daily average temperatures observed at Salekhard weather station since 1882 fall within the shaded area of the…

Coffee prices, long range forecasts and drought

The tropical highlands of Minas Gerais, Brazil are responsible for 25% of the world’s Arabica coffee production. In 2014, the region experienced drought during the critical austral summer months of January and February. World coffee prices moved…