PLEASE SEE THE VIDEO ABOVE AND HOW WE CALLED THE ENDING OF THE MIDWEST CORN DROUGHT WEEKS AGO BUT A CONTINUATION OF CROP PROBLEMS FOR CANOLA IN CANADA AND SOME SPRING WHEAT AREAS OF THE WORLD. I ALSO DISCUSS, COCOA, COFFEE, AND OVERALL CLIMATIC VARIABLES THAT HAS CAUSED THE CRB INDEX TO SELL OFF SOME
THE MAPS BELOW SHOW THE FOLLOWING:
- Canola and where it is grown. Canada produces 90% of the Canola in North America and a full-fledged drought has created a major bull market
- How can forecasted a negative EPO (western ridge and block) that would allow easing corn belt rains but stress spring wheat crops and Canola out west
- How I predicted the collapse in corn prices (price chart as of 7/8/21) for clients. However, there is going to be some concern from wet weather for some other crops.
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