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EL Nino impact to agricultural industry and global food market has effected

2016-06-08

SHIJIAZHUANG,June 8, 2016—The EL Nino has lasted 21 months,it not only impact the global climate but did the agricultural industry and global food market as well.

     According to the anticipate of weather experts,in 2016,the weather condition of the Indian wheat growing areas is worse than last year,the drought lead to decrease the yield and growing area. The experts analysised through the satellite information found that the average yield,growing area and gross yield of Indian wheat will decrease than last year. The gross yield of wheat is the lowest in five years. At the same time,the EL Nino lead to the drought of the Brazilian north-east, that will decrease the production of Brazilian corn. After a comprehensive analysis, the average yield and gross yield of Brazilian corn estimated reducing 1.8% and 0.9%.

    The expert said,the Indian wheat reduction may lead to the lack of the wheat supplying in the domestic, that will need to import it from the glbal market,and then effected the global price. Meanwhile, Brazil have be the second-largest corn exporter in the worldwide,if the corn production decreased more that will influence the global market price directly.

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