Climate phenomena generate a $140 million loss for Bolivia’s soybean sector

Drought and flooding have compromised soybean production in Santa Cruz, in eastern Bolivia. Floods in the region have left at least 1,000 hectares of soybeans under water, while the recent drought has reduced the yield potential of about 400,000 hectares, resulting in a loss of 500,000 tons of soybeans or a loss of about $140 million.

Source: Eju!