Mid-June severe storms caused total losses in some Nebraska fields and drowned-out acres in Illinois, with agronomists reporting hail wiping out early-planting yield premiums for soybeans.

USDA weather highlights show extreme heat, Plains drought, and Gulf Coast flooding all simultaneously stressing crops — raising irrigation costs, crop insurance claims, and commodity market uncertainty.

USDA Agricultural Weather Highlights shows concurrent drought, flooding, and frost across key U.S. regions in May, raising crop insurance claims, threatening wheat yields, and pressuring commodity prices.

USDA forecasts 2026-27 Hard Red Winter wheat crop as smallest since 1957-58 due to Plains drought; farm price forecast surges to $6.50/bushel, up $1.50 from prior year.

Official USDA May 2026 wheat outlook: U.S. Hard Red Winter crop headed to a 65-year low due to sustained drought; global ending stocks declining, supporting higher farm prices.

USDA's April 24 Food Price Outlook shows beef prices 12.1% higher year-over-year and 63% of Lower 48 states in drought; fuel and fertilizer costs up 20-40% since the Iran war began are compounding climate-driven supply pressures.

Opinion piece from former FHFA acting chief of staff warns that rising insurance premiums and insurer withdrawals from high-risk states are undermining mortgage affordability and creating systemic concentration risk across lending portfolios.

One of the worst droughts in living memory in South Africa's Western Cape is killing livestock and forcing farmers to spend heavily on feed, prompting a national emergency declaration as climate-worsened droughts intensify financial losses.

World Bank analysis identifies extreme weather events and La Niña conditions as primary upside risks to agricultural commodity prices in 2026, with climate shocks capable of pushing maize, wheat, and soybean prices above baseline forecasts.

Newsletter edition covering how U.S. climate policy withdrawals are creating economic uncertainty for businesses dependent on climate finance and policy-linked supply chains, including biodiversity risk emerging as a material financial concern.

USDA's March forecast raised its 2026 food-price inflation outlook to 3.6%, with drought affecting 61% of the continental U.S. threatening crop yields and escalating feed costs — with beef prices forecast to rise 10–18% in 2026.

CattleFax analysis finds 75% of the U.S. beef cow herd is currently in drought conditions — vs. a 20% long-term average — with ranchers unable to rebuild herds, keeping beef prices in a historically elevated range through at least 2027.

Climate change threatens global food systems, but the extent to which adaptation will reduce losses remains unknown and controversial.

Extreme weather is ravaging arabica harvests in Brazil, the world’s largest coffee producer, turning a cup of joe into something of a luxury item.

The federal government’s National Climate Assessment says the U.S. economy, environment and public health face deepening threats as the world grows hotter.

Parts of southern Italy are experiencing generational level droughts. Authorities say they are working to at least save tourism.

Dry weather has pushed up the cost of crucial candy ingredients, driving the prices of candy bars and packs of gum higher.