South African Farms Face El Niño Drought Risk on Top of Iran War

South African farmers pinched by mounting costs from the Iran war now face the added risk of an El Niño-induced drought, with implications for lower agricultural output and higher food...

By Ntando Thukwana · Bloomberg Markets

South African farmers pinched by mounting costs from the Iran war now face the added risk of an El Niño-induced drought, with implications for lower agricultural output and higher food prices.