U.S. Wheat Production Hits Lowest Level Since 1972
The U.S. Department of Agriculture projects the weakest wheat harvest since 1972 at 1.56 billion bushels in 2026, down 21% from last year due to drought and rising input costs. Experts warn this could lead to higher grocery prices for flour-based products later this year as supply chain pressures build.
Topics: grocery prices inflation USDA report wheat