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Tag Archives: Drought

Drought and Rain Are Reshaping Global Grain Trade Routes

Lexion combine harvesters drive through a field of wheat

BLOOMBERG, AUGUST 19, 2020 As EU crops shrink, harvest outlooks are growing elsewhere | Russia, Australia and Canada are set to boost exports By Megan Durisin and Ainslie Chandler for Bloomberg – The global wheat trade is being shaken up again after extreme weather hurt crops in the European Union while harvests are booming elsewhere. Fresh from leapfrogging Russia as the top exporter, the EU …

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Australia cuts 2019/20 wheat production forecast by nearly 20% due to drought

SYDNEY, Dec 3 (Reuters) – Australia on Tuesday cut its wheat production forecast by nearly 20% for the year through June 2020, as an unrelenting drought across the country’s east coast will likely see output fall to an 11-year low. As Australian farmers were harvesting crops, the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) pegged production of …

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COMMODITIES: India suffers driest June in five years, fears for crops

PortandTerminal.com, July 1, 2019 More than two-thirds of India is covered by drylands and 53% of its agriculture is dependent on the rains. With climate change affecting weather systems, the Indian monsoon is becoming more erratic.  NEW DELHI, INDIA – Hundreds of Indian villages have been evacuated as a historic drought forces families to abandon their homes in search of …

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