(Bloomberg News) — The stunted wheat plants on Robert Ferebee’s parched North Dakota farm were in the worst condition he’d seen in almost three decades. Rather than wait until late July or early August to harvest the crop, Ferebee decided last month to cut his losses and his fields.
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Less flour, more feed as drought turns U.S. wheat into hay
A drought across the northern Great Plains has forced growers to conclude that their wheat would be more valuable as cattle feed than baker’s flour.
