Impacts of El Nino-Southern Oscillation on the wheat market: A global dynamic analysis.

ABSTRACT: Although the widespread influence of the El Niño-Southern Oscillation (ENSO) occurrences on crop yields of the main agricultural commodities is well known, the global socio-economic consequences of ENSO still remain uncertain. Given the global importance of wheat for global consumption by providing 20% of global calories and nourishment, the monitoring and prediction of ENSO-induced variations in the worldwide wheat market are essential for allowing national governments to manage the associated risks and to ensure the supplies of wheat for consumers, including the underprivileged. To this end, we propose a global dynamic model for the analysis of ENSO impacts on wheat yield anomalies, export prices, exports and stock-to-use ratios. Our framework focuses on seven countries/regions: the six

SUBMITTER: Gutierrez L 

PROVIDER: S-EPMC5464633 | biostudies-literature | 2017

REPOSITORIES: biostudies-literature