Drought: latest news, insights and analysis | ESM Magazine

Drought Threatens U.S. Wheat Production Despite Acreage Bump

U.S. farmers expanded plantings of winter wheat by 11% from a year ago to an eight-year peak, encouraged by high prices tied to concerns over food supplies...

US Beef Cow Herd Falls To Lowest Level Since 1962, USDA Says

The US beef cow herd dropped to its lowest level since 1962, US Department of Agriculture data showed, after a severe drought raised costs for livestock fe...

ADM's Earnings Top Forecasts On Strong Crush Margins, Buoyant Demand

Archer-Daniels-Midland Co said robust soy crushing margins and hefty global demand for crops had propelled the US grains merchant to a record fourth-q...

Brazil's 2023 Coffee Crop To Rise Nearly 8% From Previous Year: Conab

Brazil's 2023 coffee crop is expected to reach 54.94 million 60-kg bags, a 7.9% increase from the previous year, government food and statistics agency Cona...

Food Supply Chains Face Threat From War, Extreme Weather, Study Finds

The war in Ukraine and extreme weather events are posing a threat to global food supply chains that are already facing the impact of shutdowns during the C...

Global Coffee Supply Balance Surplus Expected Next Season: Report

The global coffee supply balance will shift from a deficit of 2.17 million bags in 2022/23 (Oct-Sept) to a surplus of 3.74 million bags in 2023/24 as Brazi...

Canadian Wheat, Canola Harvests Turn Out Smaller Than Expected

Canada's wheat and canola harvests turned out smaller than expected due to dry conditions in parts of the Prairies, but were still bigger than last year's,...

Poor Crop Could Drive More French Farmers Away From Sugar Beet

France's sugar beet output is expected to fall more than 7% this year after a severe drought this summer hit yields, and next season could see another drop...