Note: Along with drought in the U.S., declining crop prospects in other key export regions are further tightening the global feed grain and wheat supply. The following is from Bloomberg newswire.
"More agricultural regions in Russia declared emergencies because of a drought, Interfax reported."
"The Orenburg region near the Ural Mountains [was] declared [in] an emergency today, the news agency said. The Kurgan region and the Republic of Bashkortostan also were affected, Interfax said, citing regional data."
"A further 20 regions are suffering from drought and extreme heat, according to Ministry of Agriculture data. Crops were lost on 1.5 million hectares (3.7 million acres), Interfax said."