Moldy Wheat Means Lowest Quality Winter Crop in 17 Years
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The quality of some of the first wheat harvested by U.S. farmers in 2015 is the worst in at least 17 years, according to one measure, following heavy rainfall across parts of the Midwest.
A report on Friday by U.S. Wheat Associates, a trade group, tracked the so-called falling number, a gauge of sprout damage in crops. The data was the worst since 1998, backing up comments from grain handlers about the condition of the soft-red winter wheat crop, which accounts for about a fifth of total domestic wheat output.