June 5, 2020 Weather Impacts On Economic Activity - Cristobal Good Or Bad?
Written by Sig Silber
If anything the crop situation is better. Next week we hope to have a NASS Executive Briefing to report on. The market for agricultural production is clearly an issue. Some increase in drought has been a risk but not in the geographic areas of most concern. So we wonder if Cristobal will be good for crops and oil and gas and other aspects of our economy or create more problems than the moisture is worth. And how will it impact the COVID-19 situation? Those are topics for next week since Cristobal has not yet happened. Tonight we report on the crop situation and a variety of related aspects. There is a new drought forecast for June and we have reported on this in other articles but will do so again tonight. As usual, we provide a 28-day weather forecast where the first 14 days update daily.
Source: http://econintersect.com/pages/weather/weather.php?post=202006060306
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