A global meteorologist says record heat and drought in parts of the world are putting pressure on ag production and prices.
Matt Makens says producers in areas of the European Union and South America are being hit the hardest. “The balance sheet as I look at it is kind of negative. A lot of red, just because the drought is focusing heavily on ag areas – heavy crop production and animal production.
He tells Brownfield record drought has appeared near the Mediterranean Sea in Spain, France, Italy and parts of Germany.
