Drought in Argentina, starved cattle and destroyed crops

Published 2023년 1월 31일

Tridge summary

Argentina is facing severe losses in livestock and crops due to a prolonged drought, exacerbated by the La Niña weather phenomenon. The drought has gone unchecked in some regions for the past three years. The drought is expected to decimate the country's cattle population by half, with around 3,000 cows already dead in Santa Fe province. The drought is also expected to significantly reduce the country's soybean, wheat, and corn crops, with the soybean harvest projected to fall by 25%. This could lead to substantial export losses and an estimated $8 billion in financial losses. The drought is expected to have both local and global implications, affecting the global market and supply situation.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The prolonged drought is causing severe losses to livestock and crops in Argentina. In some regions, it has hardly rained in the last three years. This is due to the La Niña weather phenomenon. In Santa Fe province, authorities estimate that about 3,000 cows have already died. About 26 million cows are at risk, which would represent about half of the entire Argentine cattle population. Huge decline in soybean, wheat and corn crops Argentina fears export losses due to severe drought. Argentina's soybean harvest will fall by a quarter this season. According to the grain exchange in the Argentine city of Rosario, it should be possible to harvest about 37 instead of 49 million tons of soybeans. If the forecasts come true, it would be the third worst harvest in the last 15 years. Huge losses are also expected for wheat and ...

Source: Farmer.pl