Wild Weather Plagues North America Grain Crops as Demand Surges
- Canada, northern U.S. suffering from dry soil, hot weather
- Unusual weather is contributing to volatility in crop markets
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The world is counting on farmers in North America for big harvests of everything from corn to canola this year. Due to weird weather patterns, growers will likely come up short.
The U.S. and Canada are seeing unusual variability in climate, with some crops withering from severe heat and drought while others see flooding. Meanwhile, demand is surging as economies recover from the coronavirus pandemic, so much so that every grain counts.