(NAFB.com) – U.S. farmers are expected to plant the smallest wheat crop on record this year, continuing a long-term decline as producers shift to more profitable alternatives. Data from the U.S. Department of Agriculture shows wheat acreage dropping as low prices and rising input costs squeeze margins. Producers across the Plains are opting for crops such as soybeans and corn, which offer stronger returns despite their own cost pressures. The Wall Street Journal reports persistent drought in key growing regions has also discouraged wheat planting, particularly for winter wheat. Analysts say global competition and ample supplies have kept wheat prices subdued, reducing incentives for U.S. growers. At the same time, higher fertilizer and fuel costs have made wheat less attractive compared to crops with better profit potential. The shift could have long-term implications for domestic supply and export competitiveness, though global markets remain well supplied for now.
