Even as the global supply chain crisis continues to worsen due to a series of geopolitical events, war and bad policies involving Wuhan coronavirus (COVID-19), the U.S., considered the [.]
U.S. hard red winter wheat represents nearly half of the country's overall wheat production and is milled mainly for bread flour. A reduced crop could further stoke food inflation that the United Nations Food and Agriculture Organization (FAO) said was the highest-ever in February. The FAO's Food Price Index averaged 140.7 points last month, a 20.7% increase from a year earlier and surpassing the 2011 record.
By Karl Plume (Reuters) - A worsening drought in the southern U.S. Plains is threatening the region's winter wheat crop just as the Ukraine crisis dents
By Karl Plume (Reuters) - A worsening drought in the southern U.S. Plains is threatening the region's winter wheat crop just as the Ukraine crisis den.