Speedwell Weather Announces the Release of the Speedwell Commodity Product

HARPENDEN, UNITED KINGDOM--(Marketwired - October 23, 2014) - Speedwell Weather is pleased to announce the release of the Speedwell Commodity Product. The Speedwell Commodity Product brings weather data and forecast information directly to the trader in a concise format for a wide range of global agricultural crops. Product highlights include:

• High density, high quality surface observations for global agriculture regions.

• Tracking of weather variables including precipitation, temperature, growing degree days, extreme heat and frost for over 30 crops in over 40 countries.

• Forecast content is updated throughout the day using downscaled forecasts based on ECMWF and GFS ensemble and deterministic forecast models.

• Access to ultra-fast forecast change information via FastCast^®.

• Commentary on global weather events or stories, focused upon crop regions and agricultural activities.

David Whitehead, Director of U.S. Operations at Speedwell Weather said, "This product is unlike anything currently available to the commodity trading market. By coupling our strengths of extremely high quality global cleaned weather observations and our downscaled global weather forecasts with our knowledge of agriculture, we are able to accurately assess relevant extreme weather events in global agriculture regions. This offering is unique because no other company is able to match the density and quality of surface observations in many of these regions. Without up to date observations directly from the fields it is impossible to understand the impact that current weather is having on a crop." 

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.