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Global agriculture faces numerous challenges. The most recent one that requires close monitoring is the high temperatures in countries in the northern hemisphere. Over the past weeks and months the US, parts of Europe and China have all reported heatwaves.

There are growing concerns that the heat could harm the summer grains, which are still in the early growing stages in these regions. The livestock industry is equally anxious that the extreme heat could increase animal deaths. In June more than 2,000 head of cattle died of heat stress in southwestern Kansas. Countries such as Italy and Spain are feeling the impact of drought and heatwaves on crops and livestock as farmers struggle to sustain business operations...

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