South America bakes in record heat-wave as Northern hemisphere freezes

December 30, 2010An unsual river of hot air is descending over South America from Brasil. We continue to get reports in that Earth climate extremes are increasing. “Scorching summer heat in South America is cutting harvest forecasts in one of the world’s key farm belts, helping propel crop prices to two-year highs and fueling concerns about tight global supplies. Dry weather caused by the La Niña weather pattern is already damaging fields in Argentina, which will be the world’s second-largest corn exporter this crop year and third-largest soybean exporter, according to U.S. data. With temperatures reaching into the 90s, weather is also threatening crops in southern Brazil and Uruguay, which declared a state of emergency last week for farmers in the north of the country. The region’s role in world food markets means any production problems there could be felt around the world. The heat wave hitting Buenos Aires, prompted a ‘red alert’ and is raising fears of massive crop damage. “If we don’t get rains by Three Kings Day on Jan. 6, we will be looking at even more severe problems,” said Ernesto Ambrosetti, chief economist at the Argentine Rural Society, that nation’s main farmers’ organization.”Wall Street Journal


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