Weather Continues to Hurt Crop Yields Globally

Dry weather in the Black Sea region and excessive rain in the United States threaten crops like corn and sunflowers. This could lead to reduced global supplies and higher prices. Hot temperatures in Russia and Ukraine have already harmed crops, and drought is hindering their development. In the US, the intense heat on the East Coast and excessive rain in the Midwest are causing concern for corn and soybean crops. However, weather conditions in China and India are expected to improve, benefiting crops there. Overall, while some regions expect favorable weather for their crops, the issues in major grain-producing areas like the Black Sea and the US could significantly impact global food supplies.

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