America's farmers are facing their greatest challenge in decades—drought, extreme temperature fluctuations, soaring prices for fertilizers and diesel, along with multiple viral infections affecting wheat, have led to reduced yields across all grades of winter wheat compared to last year. According to data from the U.S. Department of Agriculture, wheat production this year is expected to reach 1.56 billion bushels (approximately 42.46 million tons), a 21% decline from 2025, marking the lowest level since 1972. The direct impact of this wheat shortfall will be seen in higher prices for flour, bread, pasta, cereals, and baked goods. However, since grains are sometimes used as partial animal feed, livestock feeding costs will also rise, affecting the supply and prices of beef, pork, poultry, eggs, and dairy products. Although food pricing involves numerous cost factors, significant fluctuations in wheat prices may only lead to moderate changes in store prices. Nevertheless, given that costs for many other goods are also increasing, overall inflation could continue to rise.
Image source: internet
Original article: toutiao.com/article/1866769807368202/
Disclaimer: This article reflects the personal views of the author