Over the last few weeks, we've seen a continued heat wave across the US' bread belt. As a result, the USDA recently downgraded the current US grain crop, leading to a massive spike in the grain complex. Consider the following charts:
Over the last few weeks, we've seen a continued heat wave across the US' bread belt. As a result, the USDA recently downgraded the current US grain crop, leading to a massive spike in the grain complex. Consider the following charts:
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