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U.S. Wheat Crop Forecast To Hit Half-Century Low As Drought Hits Breadbasket

05-13-2026 • https://www.zerohedge.com, by Tyler Durden

Chicago wheat futures surged on Tuesday, hitting two-year highs after the USDA's latest WASDE report signaled a much tighter U.S. supply outlook than traders had anticipated.

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U.S. Wheat Crop Forecast To Hit Half-Century Low As Drought Hits Breadbasket

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