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 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.

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.

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.

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.

Rising global temperatures could change where the majority of the world's wine is produced as mid-latitude regions may no longer be able to grow grapes.

New research shows that climate change is already fueling heatflation, with massive consequences to come.