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๐จALERT IN THE FIELD!
The recent USDA agriculture report has set off global alarms. ๐บ๐ธ
๐พ๐ Wheat hit hard: The worst harvest in decades is projected with a 25% drop in winter production due to bad weather. This is already spiking international prices.
๐ฝ Slow start: This seasonโs corn and soybean crops are off to a worse state than last year.
๐ El Salvador: South America (Brazil and Argentina) will balance things out with high soybean production to avoid global shortages.
๐๏ธ Administrative and data issues: Additionally, the regular flow of agricultural information has been affected by a partial U.S. government shutdown, temporarily interrupting the publication of some highly followed reports by traders, like the weekly grain and meat export sales report.
The next big monthly World Agricultural Supply and Demand Estimates (WASDE) report will be published on June 11, which will update global inventories with pinpoint accuracy.
Stay tuned for updates ๐
#Agricultura #Economia #Precios
$BTC
$ETH
$DOGE
The recent USDA agriculture report has set off global alarms. ๐บ๐ธ
๐พ๐ Wheat hit hard: The worst harvest in decades is projected with a 25% drop in winter production due to bad weather. This is already spiking international prices.
๐ฝ Slow start: This seasonโs corn and soybean crops are off to a worse state than last year.
๐ El Salvador: South America (Brazil and Argentina) will balance things out with high soybean production to avoid global shortages.
๐๏ธ Administrative and data issues: Additionally, the regular flow of agricultural information has been affected by a partial U.S. government shutdown, temporarily interrupting the publication of some highly followed reports by traders, like the weekly grain and meat export sales report.
The next big monthly World Agricultural Supply and Demand Estimates (WASDE) report will be published on June 11, which will update global inventories with pinpoint accuracy.
Stay tuned for updates ๐
#Agricultura #Economia #Precios
$BTC
$ETH
$DOGE
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