Storm Exchange
Private | |
Industry | Publisher |
Founded | 2006 |
Headquarters | New York, NY, U.S. |
Key people | David Riker; Dennis Reaves; John A. Dutton, PhD; Jordan Rizzuto; Jan Dutton PhD; Jeremy Ross PhD; John Adams; Gail Martell; Bradley Gambling; Richard James PhD |
Products | StormX (stormx.com) |
Slogan | Take Control of the Weather |
Website | http://www.stormexchange.com |
Storm Exchange, Inc. was a weather risk management company that existed from 2006-2009. The Company created weather-indexed derivative products and also published financial indexes with a primary focus on agriculture. The Company was headquartered in New York City and operated a weather research center in State College, PA.
Storm Exchange published the StormX (http://www.stormx.com) website which provided information related to the impact of weather on business decisions, including information tailored to the agriculture, retail and energy communities. The Company’s agriculture website (http://www.stormx.com/agriculture or http://www.cropprojections.com) featured daily articles on wheat, corn, and soy by leading Agriculture analyst Gail Martell as well as USDA NASS crop progress and condition charts, yield forecasts and other weather intelligence related to United States crop yield, planting, production and harvest.
Storm Exchange’s StormX news and daily analysis was also published on AgWeb (Farm Journal) website and the Bloomberg L.P. terminal.
Further reading
- "Weather remains a wildcard for grain price bubble", Farm News, April 18, 2008
- "Private Equity Investors Increase Stake in Storm Exchange", company press release, March 4, 2008
- "Meteorologists Shape Fashion Trends", New York Times, December 2, 2007