Blockade Evaporates Hydrocarbons As Authorities Project Wheat Harvest Collapse #
A projected 20% collapse in the United States wheat harvest establishes the terminal cost of abandoning the oceanic commons. From Washington, the U.S. Department of Agriculture released its initial 2026-2027 crop year outlook on Monday, quantifying the domestic agricultural liquidation as a drop from nearly two billion bushels to approximately 1.6 billion bushels. By Tuesday morning, July CBOT wheat surged 16½ cents to $6.50½ per bushel, while July corn climbed to $4.79 per bushel on the Chicago board. The physical…