Drought sapped yield potential for the Kansas wheat crop and likely will result in the smallest harvest in the top wheat growing state since 1989, scouts said on the final day of a annual crop tour on Thursday according to a report at Reuters.
The crop shortfall could mean higher prices for wheat that would make U.S. supplies less competitive in global markets. Russia already has overtaken the United States as the top global wheat exporter.
Read the full report here.
