North Dakota farmer Dwight Grotberg wanted to plant more wheat this spring to capitalize on soaring prices since Ukraine’s war cut grain exports and left the world short of millions of tons of wheat supply.
Heavy rain has prevented Grotberg from planting as much wheat crop as he wanted and is hampering farmers across the state, the top U.S. grower of spring wheat.
Instead of boosting supply, North Dakota expected to plant wheat over the smallest share of its farmland on record, according to government data.
The United States is the world’s fourth-largest wheat exporter and problems are hitting output at a time when the world can ill afford to lose any more supplies of the staple grain amid a global food crisis….