Across the globe, experts warn that prices will continue climbing on food commodities and brace for the possibility of empty shelves. This is due to the heavy toll extreme drought conditions are taking on agriculture in 18 countries, all of which are major food producers.
Forty-two U.S. states are experiencing moderate to severe dry weather. Moreover, record-breaking hot summer temperatures coupled with extended drought in most of Europe, the United Kingdom, China, India, parts of Latin America, and the African horn countries have amplified a growing instability within the supply chain.
“That will negatively impact the production of major commodity grains in those regions, which will likely lead to an increase in food prices and have a negative impact on food security,” Columbia University climate scientist Richard Seager told The Epoch Times….