We apologize for raising the subject of the U.S. drought again, but these days what else is there to discuss? Simply put, the severe and ongoing drought across the U.S. Midwest is has the United States on the verge of a crop disaster of historic proportions. There is general agreement among weather forecasters that there will not be significant relief at least into the early days of August. During that period there will be several waves of severe heat that transition from west to east separated by a couple of days of more normal temperatures. Any rainfall will be insignificant in terms of real relief and likely will stay to the north of the main Corn Belt.It is very hard to get one's arms around all of the facets of the situation, and we...