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Story perspectives

Wheat Farmers Shift to Corn Amid Drought and Low Prices

6/20/2025

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Story summary
  • U.S. wheat farmers are experiencing declining profits due to low prices and drought, prompting a shift to corn and soybeans.
  • Nebraska's wheat acreage has decreased by over 50% since 2005, with annual abandonment rates of 20-33% since 2020.
  • The winter wheat harvest is only 10% complete, hindered by excessive spring rains that affect quality.
  • Farmers are frustrated with crop insurance, signaling a cultural shift away from traditional wheat farming.
  • The Great Plains, once a wheat hub, is increasingly focusing on livestock and alternative crops for better profitability.
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