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Early Summer Storms Produce Hail Across Prairies

Early summer storms across the Prairies produced hail that resulted in heavy damage in some areas, according to the Canadian Crop Hail Association (CCHA).
 
The storms occurred May 26, June 4, June 9, June 13-17.
 
CCHA member companies are investigating about 200 claims of crop damage during that period.
 
Manitoba Agricultural Services Corporation (MASC) reported damage to fall rye, wheat, canola, soybeans, sunflowers in the communities of Altona, Elkhorn and Miniota. Fall rye in Altona had some severe damage while other crops had minor damage.
 
Cooperative Hail Insurance Company reported light to medium damage to beans, wheat and canola across Manitoba.
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Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

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Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.