The USDA quietly shaved 14 million bushels off its U.S. wheat outlook this month, while farmers across the Black Sea region are looking at some of their best harvests ever.
Drought conditions are hitting hard red winter wheat production, with this year's yield forecasted at a record low, reflecting the toughest challenges faced by farmers in decades.
USDA's latest report shows U.S. meat production on the rise, with beef and pork expected to increase significantly by 2027, even as prices shift in the marketplace.
With dairy production expected to increase ,and demand moving higher, what does that mean for milk prices? World Agricultural Outlook Board Chair Mark Jekanowski takes a look.