Dmytro Smolienko/ Ukrinform/Future Publishing viaAbout 14% of the country is hit by severe drought, while 9% is experiencing extreme or exceptional drought.For climate change news and analysis, go to Argentina lost half of its seasonal soybean harvest in its main production area - the rich and normally humid center of the country - due to drought, the Rosario Stock Exchange said Monday.
Authorities were expecting a harvest of 19.7 million tons of soybeans in the country's fertile central plains, but for now,"10.7 million tons are expected, and that number is falling every week," the Rosario Stock Exchange said in a statement. And grain exports, which were worth $43 billion in 2021-22,"should drop by 21% in the best-case scenario and 33% in the worst," the Rosario Grain Exchange said.
Argentina's total soybean harvest was predicted at 48 million tons for the coming season but is now expected to yield 35.5 million to 41 million tons.An overview of the challenges and opportunities of the climate crisis, as it changes the world we know.Economy Minister Sergio Massa tried over the weekend to play down fears of ruined harvests, insisting that there would be enough rain over the next week"to yield a good harvest for the year.
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