“In all, growers will see their smallest wheat crop in terms of production since 1972, according to the U.S. Department of Agriculture; 1.56 billion bushels this year, down 21% from 2025.”
“In all, growers will see their smallest wheat crop in terms of production since 1972, according to the U.S. Department of Agriculture; 1.56 billion bushels this year, down 21% from 2025.”
This article is mostly diverting the blame onto climate.
34% of global Urea trade goes through the strait of hormuz. Iran and the Strait are not mentioned a single time in this article. Urea is a key component in raising yields, up to 85% over non-Urea usage.