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Spring Wheat Used In Pizza Crust Nears 14-Year High As Floods Devastate Northern Plains

BY TYLER DURDEN

 

U.S. spring-wheat futures are nearing the highest level since 2008, as the Northern U.S. Plains are plagued with devastating floods that prevent farmers from planting in the high-producing crop region.

Blizzards, winter storms, high winds, and extreme flooding battered the Dakotas and stalled plantings in April, raising concerns about shrinking crop yields as prevent plant dates for North Dakota are at the end of May.

 

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