Agricultural powerhouse South America will have a greater-than-normal impact on global markets in 2022. Big producers Brazil and Argentina, hit by a second consecutive year of drought, are headed for smaller harvests of major crops, especially corn, soybeans, and sugar, Gro’s machine-learning models show.

Even a robust US harvest, from the growing season that begins in a few months, won’t be able to make up for the depth of South America’s current crop troubles.

Get the report to see how South America’s production cycle will lead to tight global supplies, inflationary risks, and increased pressure on farmer income and planting intentions worldwide. In addition, food prices, already soaring in most parts of the world, will remain elevated through yet another global crop cycle.

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