# Climate change and the threat to global breadbaskets - IIASA

> An IIASA study in Nature Climate Change examines the risk that simultaneous failures in global breadbaskets could cut wheat, maize and soybean output. It finds the risk of concurrent extremes, linked to phenomena such as ENSO, has changed over time. The authors warn the global food system may not absorb such shocks.

- Date: 2019-12-10 · published 2019-12-10T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/55501-climate-change-and-the-threat-to-global-breadbaskets-iiasa
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The study highlights a tail risk to wheat, corn and soy supply that could support prices in a severe multi-region failure, but it is a research finding rather than a current crop event.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-05-19 | [El Niño again? This is why it’s hard to tell. \| Climate Change](https://feedsoft.ai/events/70915-el-nino-again-this-is-why-it-s-hard-to-tell-climate-change.md) | +3.0% | +2.4% |
| WHEAT | 2021-05-04 | [Global Crop Areas Susceptible to Drought - Climate Impact Company](https://feedsoft.ai/events/46988-global-crop-areas-susceptible-to-drought-climate-impact-company.md) | +5.0% | -1.5% |
| WHEAT | 2021-10-15 | [Climate impacts global wheat production in the 2021/22 harvest - Revista Cultivar](https://feedsoft.ai/events/44485-climate-impacts-global-wheat-production-in-the-2021-22-harvest-revista-cultivar.md) | +1.0% | +9.3% |
| WHEAT | 2018-12-06 | [Wheat growers need to keep their eye on climate change - International Milling Directory](https://feedsoft.ai/events/61506-wheat-growers-need-to-keep-their-eye-on-climate-change-international-milling.md) | -0.1% | +1.5% |
| WHEAT | 2022-06-13 | [hEDGEpoint Global Markets climate report details the effects of La Niña on the global soybean, corn and wheat market - Revista Cultivar](https://feedsoft.ai/events/40862-hedgepoint-global-markets-climate-report-details-the-effects-of-la-nina-on-the.md) | +1.0% | -6.4% |
| CORN | 2017-05-19 | [El Niño again? This is why it’s hard to tell. \| Climate Change](https://feedsoft.ai/events/70915-el-nino-again-this-is-why-it-s-hard-to-tell-climate-change.md) | +1.3% | +2.6% |
| CORN | 2021-05-04 | [Global Crop Areas Susceptible to Drought - Climate Impact Company](https://feedsoft.ai/events/46988-global-crop-areas-susceptible-to-drought-climate-impact-company.md) | +1.5% | -5.8% |
| CORN | 2018-07-25 | [A change in the weather](https://feedsoft.ai/events/63939-a-change-in-the-weather.md) | +3.5% | +2.0% |

## Sources

- news.cision.com: https://news.cision.com/iiasa/r/climate-change-and-the-threat-to-global-breadbaskets,c2986922

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.