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US Plains wheat farmers face losses with prices near $5 per bushel, prompting some to feed wheat to cattle or abandon the crop. Prolonged drought has cut yields in recent years, and many growers have shifted to corn, soy or livestock.
Acreage shifts and lower output from struggling HRW growers could tighten future hard red winter supplies, while feeding wheat to cattle adds a feed-grain outlet.
reuters.comEmily SchmallJun 19, 2025Not enough comparable past events yet for a historical read.
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.
