The Great Plains have long been celebrated for the “amber waves of grain” in the popular hymn “America the Beautiful.” The region’s states produce most of the U.S.-grown crop of hard red winter wheat, favored by bakers for bread. But with prices hovering around $5 (C$6.86) per bushel, U.S. wheat farmers have reached an inflection point, with many forced to either lose money, feed wheat to cattle or kill off the crop.
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‘Amber waves of grain’ recede in America’s heartland as wheat farmers struggle
Midwestern farmers abandoning wheat crops as profits recede, weather challenges
Wheat market reacts to rain in U.S. Plains
Industry officials are flummoxed by recent wheat market behaviour. Hard Red Winter Wheat (HRWW) July futures tumbled 16 percent between April 18 and May 2. The freefall was due in part to a two-day rain during the last week of April that delivered up to 100 millimetres of moisture to parts of the U.S. Southern […] Read more
Heat, humidity kill at least 2,000 Kansas cattle, state says
CHICAGO, June 15 (Reuters) – Extreme heat and humidity killed thousands of cattle in Kansas in recent days, the state said, and sizzling temperatures continue to threaten livestock. The deaths add pain to the U.S. cattle industry as producers have reduced herds due to drought and grappled with feed costs that climbed as Russia’s invasion […] Read more
