MacroVoices #381 Leigh Goehring: Global Food Crisis Update
Macro Voices
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The El Nino Potential Drought Conditions in Southeast Asia
If we do have a drought condition emerge here in the United States this summer, then it would be corn and soybeans. That's where drought usually begins to form during an El Nino. The USDA has come out with its projections for the 2023-2024 growing season. Those are very, very optimistic numbers given how dry it's already begin.
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