Mongolia bans grain exports as hottest temperatures in 56 years cause droughtStaff 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.
Asia Temperatures in Mongolia reached their highest level
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. ■