1. U. S. Drought 2012+World Allen Motew Director QT Weather QT Information Systems, Inc. Chicago Board of Trade 312-896-2072 amotew@qtinfo.com Weather

2. From the ground, it looks like this…

3. From Space It Looks Like This

4. To A Meteorologist It Looks Like This H

5. Too Little Rain, Too Much Early Heat June 6-July 6

6. For history it will register as this

7. Last Year it looked like this…

8. Corn Yields ended at this… 147.2 -3.6%

9. How did we end up with droughts over the past two years? (w/o mentioning global warming?)

10. Blame It On La Nina?

11. What Is “La Nina” ?

12. La Nina “effects” past 2 years

13. Water Temps Cool During La Nina (now warming!)

14. Presto…The Weather Changes (not!)

15. A COSTLY FOOLER… early planting of big acreage (USDA said 164 bu./acre…now ?) May 5, 2012

16. Past Year LA NINA EL NINO

17. ENSO Conditions past 60 years

18. El Nino Normally Brings This! (summer tropical moisture into mix)

19. Monsoonal Moisture Enters West

20. Moisture “Movement” Improves

21. Lingering La Nina Brought This

22. Both neutral ENSO Summers came off La Nina winters. Both ended with summer drought, but shifted location

23. Vegetation Year Over Year

24. When “Realized” It’s was Up, Up and Away with futures!

25. How Do We Mend Things…need a lot of rain

26. VEG HEALTH-O.K For Some

27. North America-Veg Health

28. “The Outlook”

29. El Nino Effects Finally “Kick In” ?

30. Changes Are Slow

31. “HELLO, EL NINO, HELLO ENHANCED MONSOON?” (GOOD U.S./BAD INDIA)

32. August Precipitation (DRY)

33. August Temperatures (HOT)

34. Sept Soil Moisture (mm)

36. Next 16 days

37. EL NINO FALL/WINTER

38. Nov and Dec Temp Forecast

39. NOV- DEC PRECIP

40. JAN-FEB-MAR PRECIP

41. JAN-FEB-MAR (TEMP)

42. International Outlook

43. El Nino Effects Globally

44. GLOBAL VEGETATION (Week Ago)

45. Eyes On South America

46. SEPT-OCT-NOV PRECIP

47. OCT-NOV-DEC PRECIP TEMPS

48. NOV-DEC-JAN PRECIP TEMPS

49. Australia AUG-SEPT-OCT PRECIP

50. OCT-NOV-DEC PRECIP

51. INDIA MONSOON AUG-SEP-OCT

52. INDIA MONSOON OCT-NOV-DEC

53. Europe

54. Asia-Veg Health

55. RUSSIA-VEG HEALTH

56. UKRAINE-VEG HEALTH

57. Kazakhstan-Veg Health

58. FRANCE

59. GERMANY

60. POLAND

61. IT’S RELATIVE Compare…INDIA-VEG HEALTH

62. CHINA-VEG HEALTH

63. BRAZIL

65. Summer (A-S-O) Temperatures

66. In Summary Rains: have been increasing in North, East and South. Monsoon to help? Drought Heat through August per CFSv2 INTERNATIONAL… Monsoon lagging in India. Trouble in Australia, Indonesia, Ukraine/Kazhkstan Globe Hot next 3 months per IRI El Nino rains in South America, South U.S., Ohio Valley winter dry?

67. Thank you for listening! HAVE A GREAT REST OF YOUR SUMMER! QT INFORMATION SYSTEMS, INC. WWW.QTINFO.COM New product! QT Marketcenter