# GlobalSource Partners | When It Rains, It Pours

> Excessive rain and mudslides from El Niño have hit Peru, with as many as 1 million people potentially affected. Preliminary damage estimates are $3-4 billion, mostly to infrastructure, with less impact on crops.

- Date: 2017-04-04 · published 2017-04-04T12:00:00.000Z
- Category: weather · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/71778-globalsource-partners-when-it-rains-it-pours
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

Flooding in Peru is mainly an infrastructure shock, with limited crop losses, so the feed price impact is modest. Rain-driven disruption to farm output and logistics could still tighten local supplies of feed inputs.

## Sources

- globalsourcepartners.com: https://www.globalsourcepartners.com/posts/when-it-rains-it-pours/teaser

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