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Kansas cash wheat prices rose about 59% year over year to $9.42 a bushel as of Sept. 1, the highest in three years, as Black Sea port attacks tightened global supply.
Drought at home cut Kansas's wheat crop to an estimated 191.4 million bushels, down 45%, and farmers abandoned 900,000 planted acres.
Global supply losses lifted hard red winter wheat prices, but the smallest Kansas crop since the early 1960s means most local farmers have little to sell, so the price gain is limited for producers and feed buyers face firmer wheat costs.
axios.comAbbey HigginbothamSep 9, 2026After 322 past bullish weather events, Wheat (HRW) moved a median -0.1% over 5 sessions (49% higher; middle half -2.5% to +3.2%), and +1.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
