Gold Statue Rises While American Wheat Harvest Fails #
Chris Robinson of Robinson Ag Marketing watched the numbers flash red on his screen this week as the foundational breadbasket of America began to wither. In Nebraska, 55 percent of the state is now locked in extreme drought, leaving fields of hard, dry soil that no tractor can penetrate. The U.S. Department of Agriculture shocked the grain markets by slashing winter wheat production forecasts to 1.048 billion bushels, a devastating 20 percent collapse that signals a coming winter of scarcity…