Wheat prices are really high. But drought could wither U.S. farmers' chances of making a profit

Russia’s invasion of Ukraine created high prices for wheat. But between drought and costly inputs, wheat farmers might not benefit from the booming market.
Usually, Kansas is known for its fields of waist high, golden wheat. But this year blistering conditions have scorched some of the crop into short, patchy straw.

Standing in one of his fields near Norton in northwest Kansas, farmer Chris Tanner wonders if it’ll even make it through harvest.

“There’s going to be nothing in this,” Tanner said as he held a wheat stalk. “It’ll blow out the back of the combine. You can see the seeds kind of exposed there, it’ll shatter out even before we get here.”