Drought decimates US wheat output
AI Summary
The US winter wheat harvest is facing a severe threat due to drought conditions, with production expected to hit multi-decade lows. The hardest hit wheat class is Hard Red Winter (HRW), primarily in drought-affected states.
Entering final stages of US winter wheat harvest, multi-decade low threatens in droughted states as production drops looms, with HRW the hardest-hit class.
World Markets Health Commodities drought wheat harvest US agriculture crop failure HRW wheat production drop