AGAGIntel
Special Report . 2026-03-25

Special Report - HRW Wheat Belt Moisture

Drought Monitor trajectory and implications for Plains wheat producers and their lenders.

9 min read.Kansas.
wheatdroughtkansasoklahoma

Current conditions

D2 conditions persisting across the core HRW belt; subsoil deficits widening.

Implications

Yield risk rising; pasture stocking rates under pressure; collateral reviews warranted on pasture-secured credit.

What to watch

April precipitation; crop condition ratings; wheat basis evolution in KC terminal.