Mumbai, May 13 (Commoditiescontrol): Flooding has intensified in Brazil's Rio Grande do Sul, the nation's second-largest soybean producer, escalating an ongoing crisis that has already claimed 143 lives and displaced over half a million people. Heavy rainfall threatens to submerge the state capital, Porto Alegre, and further damage crops in the region.
Rising water levels in Guaiba Lake, a key waterway, could exceed last week's record flood levels, further impacting soybean fields and the state's agricultural output. Since late April, the state has experienced unrelenting rain, storms, and flooding, leading to widespread displacement and a severe blow to the agricultural sector.
The prolonged inundation of soybean crops is expected to result in significant losses, adding to the mounting economic and humanitarian toll. As farmers and residents brace for another major flooding event, the soybean harvest—crucial for both the region and the nation—hangs in the balance, exacerbating an already dire situation.
(By Commoditiescontrol Bureau; +91-9820130172)
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