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14 Feb 2022 BUENOS AIRES, Argentina
Parana River Hits 80-year Record Low Level
Historic drought has affected commodity transportation on the river, regional ecosystems, fishing industry and tourism and power production. Continuation of below-normal levels of precipitation anticipated.
25 Jul 2021 Buenos Aires, Argentina
Historic Argentina Drought Threatens Crop Exports, Electricity Supply
Cargo ships have been unable to transport goods due to the shallowness of the basin, which has also sparked concerns amongst local communities who rely on the Parana River for drinking water and energy supply.
The drought is expected to cost local grains farmers and exporters $315 Million USD across a six-month period, according to the Rosario grains exchange.