UKRAINE: Economy Surges By 6% In Q2; Most Since 2008.

BLOOM/    Ukraine's GDP accelerated in Q2 by 6% from a year earlier, the most since the second quarter of 2008. “Buoyant economic growth in the second quarter was driven primarily by exports,” said economis Olena Bilan. Ukraine is resisting efforts to curtail wheat exports because of the severe drought even though it's most recent production forecast was cut by 15% to 17 million tons. Ukraine is the world's largest exporter of barley and the sixth-biggest of wheat. The country has exported 21 million tons of grain up to to June. Ukraine's cabinet will discuss whether to cut exports at a meeting this week.

Wheat Production Booming In Brasil.

MERCOPRESS.COM.
Brasil's aggressive wheat planting policy is paying off; from 1.81 million hectares in the 2007/08 agricultural year it has jumped to 2.42 million hectares this year, and perhaps more.

Argentina's farms suffer from severe drought

A severe drought continues in Argentina.

The Economist speculates that Argentina may not produce enough wheat next year to meet domestic demand...for only the the second time since the 1870's.
More on that and the economic/political implications at:
http://www.economist.com/world/americas/displaystory.cfm?story_id=13740297

Dengue also continues to ravage northern Argentina.

And, the Southern Cone awaits the impact of a constantly mutating"swine flu."