You don’t need to be a believer in climate change to have noticed extreme weather around the world recently. Hundreds of people have died in the North American heat, drought and wildfires, while floods in Europe, India and China have added to fatalities.
No wonder most news reports have focused on the human suffering caused by these events. But, sooner or later, attention will also turn to their economic impact — especially the effect on food crops and prices.
Too much or too little rain can be equally bad for plants such as coffee, corn, soybeans and wheat. Perhaps perversely, that’s where there could be a silver lining to these cataclysmic clouds and blistering blue skies. Several articles here have focused on how investing in