European drought impacting production, potential opportunities for U.S. farmers
Story Date: 8/24/2018

 

Source: Keith Good, FARM POLICY NEWS, UNIV. OF ILLINOIS, 8/23/18


Reuters writer Gus Trompiz reported on Wednesday that, “European farmers are counting the cost of a summer heatwave that has shrunk cereal harvests and shriveled pastures, leaving some farms struggling to survive and shutting the EU out of lucrative export markets. “The severe weather in Europe has coincided with adverse growing conditions in other major grain producing zones such as Russia and Australia, raising the risk that supplies in exporting countries will be eroded to their smallest in years.

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