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Mongolia bans grain exports as hottest temperatures in 56 years cause drought

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Staff Writer | July 29, 2017
Mongolia has suspended grain exports with as much as a third of its farmland suffering from severe drought after temperatures last month rose to the highest in more than half a century, agricultural officials said.
Mongolia farmer
Asia   Temperatures in Mongolia reached their highest level
The Ministry of Agriculture and Industry has banned grain exports as it prepares for a shortfall in the autumn harvest.

Temperatures in Mongolia reached their highest level in 56 years in June, according to weather reports, threatening crop production.

The IMF agreed to a $5.5 billion bailout with Mongolia earlier this year after a decline in copper and coal prices and falling demand from China sparked concerns that Mongolia would miss debt payment deadlines.


 

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