Texas: Worst Drought in 44 Years Damaging Wheat Crop, Reducing Cattle Herds

Wheat futures in Chicago are up 50 percent in the past year, after drought in Russia and floods in Australia hurt output and sent global food prices surging. Photographer: Carla Gottgens/Bloomberg Mar. 24 (Bloomberg) — The worst Texas drought in 44 years is damaging the state’s wheat crop and forcing ranchers to reduce cattle herds, [...] continue reading world news