Pinkerton Insights Podcast

Recent weather reports indicated that heavy rainfall will continue in the Midwest and Great Plains regions of the U.S. increasing the damage caused by flooding over the last days. It is also expected that snowfall in the states of Nebraska, Iowa, Minnesota, South Dakota, and Wisconsin that could exacerbate the situation. The Mississippi River water level has overflowed causing severe disturbances in the infrastructure in these states. According to media reports, the flooding in the region has caused 3 billion dollars U.S. in damages, and the most affected sector has been agriculture, especially with the crops and livestock losses. Many residents have been forced to evacuate the affected areas. We assess that the weather forecasts indicate that the flooding situation could continue until mid-May in the Farm Belt region. Additionally, the authorities have discovered ruptured dikes on many rivers including the Missouri, Platte, and Elkhorn which could represent a major risk in the long-term. The heavy rainfall f