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Story summary
- U.S. wheat harvest projected as worst in 50 years, pushing global wheat prices higher.
- Heat and drought cut wheat yields in major producing nations, including the United States.
- Drone strikes and extreme weather damage world’s breadbaskets, raising food costs.
- Russia-Ukraine war makes the Black Sea a combat zone, hindering wheat shipments.
- Low-income countries reliant on wheat imports may face abnormally high prices.
