Farmers Set to Abandon US Wheat Crops at Highest Rate Since 1917

 (Bloomberg) — America’s wheat fields have become so plagued by drought that farmers are now poised to abandon crops at the highest rate in more than a century.

Producers are expected to harvest about 67% of their planted acres, the US Department of Agriculture said Friday. If realized, that would be the lowest harvest ratio since 1917, the agency said in a monthly report. ---More...