Extreme Heat in Europe Wilting Crops & Stoking Drought

Extreme Heat in Europe Wilting Crops & Stoking Drought

Extreme Heat in Europe Wilting Crops & Stoking Drought

$CORN

There’s increasing evidence that the extremely hot and dry Summer in central and south eastern Europe has decimated crops, drained rivers and hurt the animal world.

Experts say the prolonged drought has destroyed an estimated 60% of Corn crops in Serbia, while the government’s ministry of ecology has warned that water levels across the country have dropped drastically and urged consumers to be cautious with their usage.

In neighboring Hungary, the drought has reduced the number of birds hatching in a national park as many of the breeding areas have dried out.

Temperatures in Serbia, Romania, Hungary and Croatia were expected to reach 39 degrees Celsius (102F) again Thursday following a few days of less oppressive heat.

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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