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Last Seven Days Worth Of Precipitation. One Word: Amazing! (:CROP DAMAGE:)

|Includes: CORN, GE, GLD, JPM, SFD, SLV, Teucrium Soybean Fund (SOYB), SPY, USO

Last seven days worth of precipitation. One word: Amazing!

Kansas, Oklahoma, Missouri, and Arkansas have seen between 16 and 8 inches of rain in the last seven days.

These areas are guaranteed to have stunted growth, if not severe damage to the crops.

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Other states with dark, medium, and light green have had between 8 and 2 inches of rain.

These areas will be somewhat slowed, and more likely of damage in the dark green areas.

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Farmers usually pray for 1 inch of rain a week. Given this much rain that we have had, I bet the farmers are sick and tied of rain. Especially when so much sunlight has been blocked during the most important growing period.

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We see the soybean crop being estimated at 2.9 billion instead of the 3.3 billion everyone thinks.