Climate Adaptation

Floods, Drought Are Destroying Crops and Sparking Food Inflation

Prices soar globally for everything from wheat to cooking oil
Rising costs adding to pandemic-spurred food struggles

Workers cultivate seedlings inside a greenhouse in Nova Friburgo, Rio de Janeiro state, Brazil, on June 13. — Workers cultivate seedlings inside a greenhouse in Nova Friburgo, Rio de Janeiro state, Brazil, on June 13.
Photographer: Leonardo Carrato/Bloomberg

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Before it’s here, it’s on the Bloomberg Terminal

By Fabiana Batista, Agnieszka de Sousa, and Mai Ngoc Chau

October 23, 2020 at 6:00 AM EDT

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Wild weather is wreaking havoc on crops around the world, sending their prices skyrocketing.

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Before it’s here, it’s on the Bloomberg Terminal