Climate-induced severe water scarcity events as harbinger of global grain price

Author:

Trnka Miroslav1ORCID,Meitner Jan1,Balek Jan1,Feng Song,Arbelaez-Gaviria Juliana1ORCID,Fischer Milan1,Boere Esther2,Havlík Petr3ORCID,Kersebaum Kurt4ORCID,Nendel Claas5ORCID,Ruiz-Ramos Margarita6ORCID,Semerádová Daniela1,Semenov Mikhail7ORCID,Poděbradská Markéta1,Esper Jan8ORCID,Buentgen Ulf9ORCID,Torbenson Max10ORCID,Brzezina Jáchym11,Žalud Zdeněk1,Katul Gabriel12,Olesen Jorgen13ORCID

Affiliation:

1. Global Change Research Institute, Czech Academy of Sciences & Mendel University in Brno

2. International Institute of Applied Systems Analysis

3. International Institute for Applied Systems Analysis

4. Leibniz Centre for Agricultural Landscape Research

5. Leibniz Centre for Agricultural Landscape Research (ZALF)

6. Universidad Politécnica de Madrid/ ETSI Agrónomos

7. Rothamsted Research

8. Johannes Gutenberg University

9. University of Cambridge

10. Johannes Gutenberg University Mainz

11. Global Change Research Institute, Czech Academy of Sciences

12. Duke University

13. Aarhus University

Abstract

Abstract The severe water scarcity (SWS) concept allows for consistent analysis of the supply and demand for water sourced grain production worldwide. Thus, the primary advantage of using SWS is its ability to simultaneously accommodate the spatial extent and temporal persistence of droughts using climatic data. The SWS concept was extended here to drivers of global grain prices using past SWS events and prices of three dominant grain crops: wheat, rice and maize. A significant relation between the SWS-affected area and the prices of wheat was confirmed. The past price–SWS association was then used to project future wheat prices considering likely climate change scenarios until 2050 and expected SWS extent. The projected wheat prices increase with increasing SWS area that is in turn a function of greenhouse gas emissions. The need to act to reduce greenhouse gas emissions is again reinforced assuming the SWS-price relation for wheat is unaltered.

Publisher

Research Square Platform LLC

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