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The weather model for the next 10 days shows no rainfall and another heatwave with high temperatures. Therefore, corn is clearly the crop most worth watching. (Bloomberg)

The American Automobile Association (AAA) expects a record 72.2 million people to travel at least 50 miles. Gasoline price tracking platform GasBuddy predicted last week that the national average gasoline price on July 4th would be about $3.75 per gallon, second only to the all-time high of $4.80 per gallon set on July 4th, 2022. According to GasBuddy data, the national average gasoline price on Friday was $3.772 per gallon, up 62.7 cents compared to the same period last year.

According to preliminary estimates from the French Ministry of Agriculture, extreme weather has caused corn yields in France to drop by as much as 30%. Additionally, about half of carrot crops, 60% of hops, and large areas of orchards have been scorched, with several hundred thousand poultry also reported dead. Read more