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Super El Niño splits Brazil: North drought, South storms; GDP, logistics, food costs at risk
InfoMoney·BR·1 day ago
The Rosario Stock Exchange reports that Argentina's core agricultural zone is experiencing a 70% water deficit, with drought conditions already impacting wheat crops in full development. The situation is developing while the market awaits El Niño, raising uncertainty about the severity and duration of the dry spell. This could pressure Argentine crop yields and global grain supplies.
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