According to executives in the agriculture sector, a poor crop in the United States this year is impeding attempts to expand the world's food supply
International crop supplies are still tight, according to senior executives from firms including Bayer AG, Corteva Inc., Archer Daniels Midland Co., and Bunge Ltd.
Some suggested at least another two years of excellent harvests in North and South America are required to relieve the strain. That is becoming more difficult,
they claimed, due to ongoing drought conditions in the United States and other agricultural South American nations as well as uncertainties surrounding crop output in Ukraine.
Werner Baumann, CEO of Bayer, stated, "I think things are going to continue to be tight for the time being in terms of the global food supply scenario.
This summer's high temperatures made the country's Great Plains and West's drought conditions worse.