---
title: "US farmers face record costs as wheat harvest set to plunge"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286668259.md"
description: "USDA forecasts the smallest wheat crop in over 50 years due to drought and high production costs, driven by war-related fuel and fertilizer price spikes. This situation is pushing farms toward bankruptcy and reducing profitability, potentially leading to shifts toward soybeans and other lower-cost crops, which could impact US food production and pricing."
datetime: "2026-05-17T09:41:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286668259.md)
  - [en](https://longbridge.com/en/news/286668259.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286668259.md)
---

# US farmers face record costs as wheat harvest set to plunge

Historic wheat decline: USDA projects the smallest wheat crop in over 50 years due to drought and high production costs. Costs hit hard: War-driven fuel and fertilizer price spikes are pushing farms toward bankruptcy and reducing profitability. Market ripple effects: Shifts toward soybeans and other lower-cost crops could alter US food production and pricing.

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- [SOYB.US](https://longbridge.com/en/quote/SOYB.US.md)
- [WEAT.US](https://longbridge.com/en/quote/WEAT.US.md)

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