Ukraine: Scientists believe that the phenomenon of La Niña may last another year, and this will negatively affect crops

Published 2022년 9월 15일

Tridge summary

La Niña is expected to extend for a third year in a row, causing uncertainty in global agricultural markets and continuing the trend of unfavorable weather conditions in major producing countries. This climatic phenomenon brings drought and unfavorable weather to arguably the most affected country, Argentina, leading to significant reductions in crop yields such as corn and soybeans. The drought is also expected to worsen in the US Midwest, while hurricanes caused by La Niña are damaging US grain export infrastructure. In contrast, increased rainfall in Southeast Asia during the summer monsoon season boosts rice production in countries like India, Pakistan, Vietnam, and Thailand. However, reduced rainfall in East Africa due to La Niña is causing the strongest drought in four decades, which is expected to further reduce harvests and worsen global food security.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The climatic phenomenon of La Niña may drag on for another year, for the third time in a row, which will increase uncertainty in the global agricultural markets, which are already suffering from unfavorable weather conditions in the main producing countries. Against the background of weather factors, prices for wheat, corn and soybeans remain very volatile with an upward trend. In the Northern Hemisphere, La Niña will continue with a probability of 91% in September-November and will decrease to 54% in January-March 2023. However, the countries of the Southern Hemisphere suffer the most from this phenomenon. La Niña brought drought to the south of the country, drastically reducing maize production in FY 2020/21 and the first maize crop in FY 2021/22, which is 21% of total production. Deficit rainfall significantly reduced soybean yields in FY 2019/20 and FY 2021/22 in southern states. Meteorologists predict that precipitation in the south will again be below normal in October and ...
Source: Graintrade

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