Reuters reports wheat in northern Kansas badly needs rain and warmer temperatures to fend off a crop shortfall after farmers planted the fewest acres in a century, scouts on an annual crop tour found on Tuesday.
Kansas is the largest wheat producer in the United States, the world’s No. 2 exporter of the food grain after top supplier Russia. Because of drought in the southern Plains, K.C. July hard red winter wheat futures are up about 25% so far in 2018.
Read the full report here.
