Planted wheat acres projected to hit 100-year low

Over the past two years, the breadbasket of America has planted less and less wheat. Acres planted to wheat in 2017 and 2018 neared 100-year lows, with last year’s 7.7 million wheat acres hitting the lowest point in 60 years. Low prices and a wheat surplus moved farmers away from the Kansas staple. This year, those problems combined with a delayed fall harvest and unfavorable weather to push wheat acres to what could be the lowest point in a century.