This week, how droughts in Argentina could disrupt Brazil’s wheat supply. The presidential election in Bolivia.
Poor wheat harvest in Argentina spells trouble for Brazil
Extreme climate conditions are set to cause wheat production to crash in Argentina — especially in the Nucleo region, the largest area of production in the country. A new report, published by the Rosario Commodities Stock Exchange, shows that the upcoming harvest may amount to 4.4 million tons, significantly lower than early estimates of 7 million tons.
What happened in Argentina? Droughts have been affecting the area for six months now, reducing planted area...