Persistent drought across the Great Plains is taking a toll on America’s winter wheat crop.  USDA lowered its forecast for 2026-27 winter wheat production by about 2% from last month.

 

Photo: Glenn Vaagen
Photo: Glenn Vaagen
Photo: Glenn Vaagen

 

Hard red winter wheat output is expected to fall to its lowest level in decades as drought continues to stress crops across major growing areas.  Only about one-quarter of the nation’s winter wheat crop is rated in good-to-excellent condition, among the weakest ratings seen in recent years.  The reduced harvest outlook prompted gains in hard red wheat futures as traders reacted to tightening supplies.

 

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