Wheat futures escalating doesn’t mean farms are going to be saved. It means wheat is going to be scarce. That means a lot of farms are going under. That means that our bread supply will be short, and the prices will skyrocket.
Isn’t that an anti-farming outcome? Sure doesn’t look pro-farm to me.
Might be in response to the unseasonable weather affecting winter wheat. Late freezes and insufficient soil moisture seem to have been problematic in some of the plains states this past spring.