1. U.S. Wheat Market Chaos: Hard Red Winter Wheat Premium Explodes Amid Plains Drought
A severe drought across America's central breadbasket has triggered a historic price dislocation in the wheat market. The premium for hard red winter wheat (HRW) over soft red wheat (SRW) has blown out to its widest level in more than two years, signaling acute trader anxiety over tightening supplies of the higher-prot...