Last week, 34% of the U.S. corn crop was covered in drought. This week it jumped to 45%. When it comes to soybeans, 39% are experiencing drought, which is an 11-point jump in a week's time.
Plenty of farmers started young, worked hard and found a path forward. Along the way, they learned from mistakes and celebrated successes. Farming is hard, but here's why those who have taken the road say it's worth it.
Farmers in Ukraine are assessing the damage after a major dam explosion in an area that has been occupied by Russia. The destruction raised anxiety about potential disruption to global grain supplies pushing up some prices. For example, wheat prices were up 3% at one point.
With much of the Upper Midwest processing capacity maxed out in terms of milk production, finding a new home for milk is not an easy task. As a result, some dairy farms are dumping milk due to the oversupply.