The Climate Change Tab is designed to help users understand long-term climate trends and their effects on commodity production across different regions and countries.
By analyzing historical and current climate data, this tab provides a clear picture of how changing weather patterns could affect future yields and supply chains. The goal is to offer users actionable insights to navigate potential risks and optimize their commodity trading or procurement strategies.
The climate tab is broken down into two different levels: Global and country level. Each level has its own set of metrics and charts.
Metrics
Most Similar Growing Season (Both levels)
This component tells you which of the past ten growing seasons our current growing season is most similar to, specifically for climate risk. To jog your memory, we will let you know the climate risk score and yield rating, as well as the production, yield, and harvest information for that growing season. By identifying which past season is most similar to the current one, users can draw parallels and predict potential outcomes based on historical data.
Current Season vs. Historical Avg (Country level)
You are able to see whether the current growing season is more, less, or about the same level of risk as the historical average. Right away, it answers the questions: Is this year more or less risky than usual? And by the way, what is the usual climate risk? This component shows you the current seasonal risk rating compared to the 10-year historical average risk rating and the difference between them. It also showcases next season’s risk rating as well, so you can compare historical to current to future.
Graphs
Weighted Climate Risk by Country: Current Season vs. Historical Avg or Year (Global level)
This graph boasts multiple benefits through its ability to compare each of the top 10 producing countries' current growing seasons with the historical average, past seasons, and each other. Historical Average = The average of the past 10 years.
Comparison of Current and Past Seasons: You can compare each country's average climate risk to the historical average or any one of the past ten years' average climate risk specifically. For example, if you are interested in looking at how the current season's average for each country compares to 2019's growing season for that country, you can do so here.
Country-to-Country Comparisons: At the same time, you are comparing to past seasons, you are also comparing climate performance across countries. This helps traders assess which countries are more resilient or vulnerable to changing climate conditions. Such comparisons are crucial for strategic sourcing, as they allow you to identify countries with more stable climates for sourcing commodities and reduce your risk of climate disruptions.
Weighted Avg & Max Climate Risk - Past 10 Years Graph (Both levels)
This graph tracks the changes in climate risk for each commodity over the past 10 years, allowing users to see how risk levels have fluctuated and to identify long-term trends that could impact future production and pricing.
See not only the average risk for the past 10 years on a global or country level but also the maximum (peak) risk of each year. Understanding these trends is essential for long-term planning, as it helps users anticipate future changes and adjust their strategies accordingly.
Weighted Climate Risk: Current Season vs. Historical Average Graph (Both levels)
Users can compare the climate risk of the current growing season against historical averages of each day to assess whether the current year is an outlier or follows established patterns.
This graph is available on a global level or a country level, and displays this year's current climate risk, along with the historical average and normal levels of variance. This comparison is useful for benchmarking performance, helping users determine whether current conditions are typical or exceptional compared to historical norms.
Water Stress Projections (Country level)
Available on country-level pages, the water stress map provides current and projected levels of water stress in key growing regions, which is a critical factor affecting crop yield and quality. This feature is vital for planning and risk management, as it allows users to anticipate areas where water scarcity could disrupt production and to plan alternative sourcing or trading strategies.
View the level of water stress specific to that commodity's water needs for each individual country.
Compare baseline water stress (2019) to 2030 and 2040 levels.
See where our key growing locations fall on the water stress map. As you can see, water stress levels can vary dramatically even just a few cities down from one another - just because one of your supplier's locations is low risk doesn't necessarily mean one down the road is too!
