JOHANNESBURG, March 30- Drought conditions associated with an El Nino weather pattern are likely to reoccur in a few months time, the South African government said on Thursday. The previous El Nino, which faded in May of last year, brought widespread drought to southern Africa, hitting crop production and fuelling inflation across the region while leaving...
ZURICH, March 19- Reinsurer Swiss Re, usually involved in mega-deals on natural disaster coverage, is branching out on its own to do individually tailored schemes to boost returns, such as one in China to protect farmers against floods or drought. "We feel very strongly that our ability to figure out solutions to the problems that our clients have means they will...
HARARE, Feb 7- Like some of its neighbours, Zimbabwe is fighting an outbreak of fall armyworms that threatens to cause extensive damage to the maize crop that was decimated by drought last year, an agriculture ministry official said on Tuesday. Zimbabwe will next week host an emergency meeting called by the Food and Agricultural Organization to shape a...
*Soybean edged higher on concerns over Argentina drought. The Chicago Board of Trade most-active soybean contract rose 0.1 percent to $9.90 a bushel by 0240 GMT and wheat added 1 percent to $3.97-1/ 4 a bushel and corn gained 0.8 percent to $3.48-1/ 2 a bushel. Heavy rains that pelted parts of Argentina over the weekend did not reach the southeastern part of the...
Officials say the 'human-caused' fires have killed at least seven people and burned hundreds of buildings.
SALGUEIRO, Brazil, Nov 23- In Salgueiro, a crossroads town in one of the poorest corners of arid northeastern Brazil, Maria Adelaide dos Santos's small shop selling shoes and clothes springs to life for just a few days at the end of each month. Amid Brazil's worst recession in a century and a long drought that has crushed hopes of making this an agricultural center,...
In South Africa, consumers are hit with record high corn prices due to the drought-induced shortage.
Officials say the water content of the Sierra Nevada snowpack is higher than normal.
CNBC's Jane Wells highlights the rise in the business of capturing rain water in drought-ridden California.
Farmers are flooding fields with storm runoff from El Nino this winter.
Southern California is contemplating a 'toilet to tap' program that could transform human waste water into drinking water.
California has been experiencing drought conditions since 1999. The lack of rainfall and snowpack in the recent years has pushed farmers in the Central Valley to the edge. Farmers spend millions of their own savings to purchase emergency water to save crops, hoping the coming winter will bring rain to relieve the situation. CNBC Reports.
Drought-stricken California has one more more thing to worry about: drones.
CNBC's Jane Wells reports on the aging underground water pipe infrastructure in America. According to the American Water Works Association, there are nearly a quarter million water main breaks per year.
NBC's Joe Fryer reports on massive wildfires still burning in California, where 2,500 firefighters are on the ground.
Nine thousand firefighters are working on 21 major California fires. NBC News' Joe Fryer reports on the hot and dry conditions there.
Beijia Ma, thematic investment strategist at Bank of America Merrill Lynch, explains what investors can do to make money from California's water crisis.
California suburbs were built on sod, but ever since the state told everyone to cut back on water because of the drought, sod has been a tough business to be in, reports CNBC's Jane Wells.
CNBC's Jane Wells reports on a new software which tells you how much water you're using compared to your neighbors.
A major battle is brewing in drought-stricken California, after nearly 70 percent of those ordered to curtail usage have not complied, reports CNBC's Jane Wells.