Expect to pay more for a loaf of bread this Fall. Severe weather has reduced wheat crops worldwide, driving up prices. In Russia, drought has cut the winter crop by 20%, and sparked wildfires. In Ukraine, officials have imposed a wheat export ban. Europe is too hot and dry, Canada too wet.
Agriculture is one of the most vital sectors in the world, and it is also one of the most vulnerable to climate change. The changing weather patterns are leading to unpredictable rainfall, droughts, and floods, which are severely impacting crop yields. In developing countries, where the majority of