For two months, wheat prices have been quietly climbing.
Then the numbers started telling the bigger story.
Prices have surged 35% as US wheat production falls to its lowest level since 1971.
US wheat stockpiles are also expected to drop 22% this year, falling to just 722 million bushels.
Less wheat. Shrinking supplies. And prices are already reacting.
Then the numbers started telling the bigger story.
Prices have surged 35% as US wheat production falls to its lowest level since 1971.
US wheat stockpiles are also expected to drop 22% this year, falling to just 722 million bushels.
Less wheat. Shrinking supplies. And prices are already reacting.
