European Crop Yields Collapse Amid Worst Drought In 500 Years ...Middle East

Besides the news of record high electricity prices, a troubling new crop failure report about Europe's upcoming harvest was published Monday. The bloc's Monitoring Agricultural Resources forecasted corn yields could drop by nearly a fifth due to a devastating drought, according to Bloomberg.  Before we dive into the crop report, Europe's centuries-old 'hunger stones' were recently revealed in the Elbe River, which runs from the mountains of Czechia through Germany to the North Sea. The stones date back to a drought in 1616 and read: "Wenn…

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