La Niña threatens Argentina’s grain crops and export logistics
Aug, 24, 2021 Posted by Ruth HollardWeek 202134
A possible drought from La Niña over the next six months in Argentina threatens the country’s two main commercial crops – corn and soybeans – while complicating the navigation of bulk carriers on the Paraná River, analysts said.
Meteorologists say the La Niña weather phenomenon is likely to resurface after a patchy appearance last season, signaling an additional drought and threatening crops and lowering water levels in Argentina’s main grain waterway, in a part of South America that has been plagued for months.
“In the context of the reappearance of La Niña, the lack of rain will not be corrected by itself,” said German Heinzenknecht, a meteorologist at the Argentine consultancy Applied Climatology.
“At best, it may be normal in some areas. But a return to normal rainfall will not correct the flow of the river, which will have a very serious effect on transport logistics, hydroelectric power generation, and the supply of drinking water,” he said.
Argentina, a South American agricultural powerhouse, is the third-largest corn supplier in the world, and the largest global exporter of soybean meal. This month, the low level of the Paraná River meant that the carrying capacity was reduced by between 18% and 25% per vessel, according to local authorities.
Source: Money Times
To read the full original article, visit the link:
-
Meat
May, 31, 2023
0
Qatar resumes beef imports from Brazil after “mad cow” case
-
Trade Regulations
Mar, 16, 2020
0
Brazil reaches trade surplus of US$329 million in second week of March
-
Meat
Dec, 29, 2023
0
Brazil achieves record with 78 Market openings in 39 Countries
-
Sugar and Ethanol
Dec, 19, 2019
0
Ethanol production is expected to reach 35.5bn liters and will consume 65% of ground sugarcane