Dismal Wheat Outlook Result of Weather, War

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Baking is a great way to cut costs during a recession. Photo by Nadya Spetnitskaya on Unsplash.
Baking is a great way to cut costs during a recession. Photo by Nadya Spetnitskaya on Unsplash.

Droughts, floods, and heatwaves have plagued farmland in the U.S., Europe, India, and China. As for Ukraine, the world’s largest wheat producer, the war could slash production by upwards of a third. The USDA Grain Report predicts tight wheat and corn market but uptick in rice and oats.

Published 5/14/2022. Full story has more details.