Climate conditions are putting upward pressure on global food prices, as people around the world chafe under levels of inflation not seen in decades.
A prolonged drought this autumn is parching the Mississippi River watershed, pushing up the cost of producing key crops in the U.S. agricultural heartland.
The lack of rain is not only hindering farm output, it’s also causing the Mississippi to slow to a trickle along parts of the massive waterway, which is burdening global supply chains by significantly slowing barge traffic critical to the global food system, a U.S.
But the volume of goods currently being transported on the Mississippi is down 45 percent, the NIDIS report said. Barges face stricter limits on the amount of goods they can haul when water levels are low because they run a greater risk of running aground in shallow water when carrying more than a certain amount of weight.
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