Sunday, 12 July 2026

Global warming already causing crop losses of over $20 billion a year

 

Image courtesy of  Alamy

Joel Kontinen

Evolution and global warming are the trends we have been forced to look at,  but this has not been present in Finland.  

Global warning -fuelled heat and drought is already hitting yields of maize, wheat and soybeans to the tune of $20 billion a year, a study has estimated.

There is great uncertainty about these kinds of projections, not least because so much depends on how farmers respond and adapt to a continually changing climate, for instance, by switching to different crops or adopting irrigation where it is possible. In fact, the whole point of this study is to raise awareness and encourage adaptation, to help ensure these projections turn out to be overestimates, says team member Kai Kornhuber, also at IIASA. “This is the entire mission of climate scientists: we make these cases for people to react, so our projections turn out to be wrong.”

The researchers started by gathering data on the yields per country of maize, wheat and soya from the UN Food and Agriculture Organization (FAO). Next, they took past climate data and calculated the drought level, using a standard approach that estimates soil moisture levels from rainfall and evaporation levels.

The researchers then calculated the economic losses, based on FAO data showing how much farmers would have been paid for their produce at the time. Finally, they used the same approach to project future losses in several different emissions scenarios, assuming that some adaptation takes place.

This could be an underestimate of the full impact of climate change for a number of reasons: it’s just three crops, and it doesn’t include flood, storm or rain damage, or the possibility that shortages could lead to big price increases, as is already happening with some other crops such as coffee and cacao.

Source:

 Michael Le Page  2026 Global warming already causing crop losses of over $20 billion a year | New Scientist 10 July