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Announced Fri, 24 Jul · 02:56 IST

Heat Worries US Wheat Farmers Just as Crop Prices Surge

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AI summary

US wheat farmers in North Dakota are facing scorching heat threatening crop yields as harvest approaches, with wheat prices having risen to a three-year high. The supply concern from weather stress comes amid a global price rally, which could have spillover effects on import-dependent markets such as India.