Drought: latest news, insights and analysis | ESM Magazine

Cava Producer Freixenet To Lay Off 80% Of Workforce Due To Drought

Spanish cava producer Freixenet has presented a plan to temporarily lay off 615 workers due to the drought affecting the Penedes area in Cataloni...

Paraguay On Track For Record Soy Crop, But Low River Levels Slow Exports

Paraguay is headed for a record soybean harvest but exporters are worried about low river levels that are slowing shipments along the key Paraguay-Paran&aa...

Pasta Makers Cheer Türkiye As Its Durum Wheat Flows Abroad

Türkiye's spectacular breakthrough as an exporter of durum wheat has spared pasta fans another year of price pain and the country is poised to remain...

Portugal Rolls Out Farming Aid Package To Fend Off Protests

Portugal's caretaker government has announced an emergency aid package worth €500 million for farmers as it tries to avoid the kind of mass protests&n...

Argentina Set For Soy, Corn 'Super Harvest' As Estimates Keep Rising

Argentina is set for a corn and soy "super harvest" with production forecasts likely to keep climbing, a senior analyst at the Rosario grains exc...

Maersk To Use Rail To Bypass Panama Canal Amid Drought

A.P. Moller-Maersk will use trains to avoid the drought-hit Panama Canal for some of its vessels, the Danish shipping giant said as low water levels have c...

Canadian Wheat, Canola Harvests Expand, Rebound From Dry Conditions

Canadian farmers will harvest more wheat and canola than was expected several months ago, as crops rallied from dry conditions that threatened yields, a go...

Dry Soil To Curb Asia's Early 2024 Rice Output, Pressure Supply

Asian off-season rice production is poised to take a hit as dry planting conditions, shrinking reservoirs and forecasts for continued El Nino weather are s...