WHEN NATURE SETS THE PRICE: THE CLIMATE-PRICE CONNECTION

Agricultural commodities all rely on the earth to be grown, and are therefore vulnerable to weather events. Weather represents the most direct physical constraint on agricultural productivity. A farmer can optimize fertilizer applications, manage disease, and employ best practices, but ultimately cannot prevent rainfall from being insufficient or excessive, or prevent unseasonable frost from damaging developing…

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WHEN NATURE SETS THE PRICE: THE CLIMATE-PRICE CONNECTION

Agricultural commodities all rely on the earth to be grown, and are therefore vulnerable to weather events. Weather represents the most direct physical constraint on agricultural productivity. A farmer can optimize fertilizer applications, manage disease, and employ best practices, but ultimately cannot prevent rainfall from being insufficient or excessive, or prevent unseasonable frost from damaging developing…

Read More