From ZeroHedge, December 4:
After much worrying about the effects of war on the country's food production, Ukraine's 2022 wheat harvest far exceeded forecasts -- but Russia took a billion-dollar share in the occupied east -- according to analysis of satellite imagery by NASA Harvest, an international consortium that uses satellite technology to advance food security.
“Our satellite-based production numbers for the 2022 winter wheat crop in Ukraine make clear that farmers had a largely successful harvest," said NASA Harvest program director Inbal Becker-Reshef.
Analysts calculated that farmers throughout Ukraine harvested 26.6 million tons of wheat this year, which is several million tons higher than forecasted.
“That’s down from the previous year’s record harvest of 33 million tons, but it’s close to the five-year average of 27.9 million tons,” said Becker-Reshef.
When Russia launched its invasion, some observers warned that perhaps only 70 to 80% of the winter crop would be harvested by summer's end. However, NASA Harvest concluded that 94% of the crop was reaped.
With the war obscuring what's happening on the ground, the satellite analysis offers a means of observing agricultural activity from a safe distance. “The risks on the ground during the war have made the NASA Harvest monitoring system one of the only safe and reliable ways for researchers to track what is happening to crops in Ukraine,” said NASA scientist Sergii Skakun.
NASA Harvest uses satellite observations and modeling to gauge the cultivation and harvesting of key crops. Crop status can be discerned by studying colors, with unharvested fields appearing dark brown and harvested fields appearing light brown....
....MORE, satellite images, maps
It looks like Cargill's satellites were aware of this a month ago.
From the Board of Trade, most active (March) SRW futures via TradingView, 1-hour prints:
