Maybe, maybe not.
The river bottoms here are still flooded and it's July. The crops still aren't in. Maybe it is better elsewhere, but we're going to run out of growing season. For much of the farmland near the Missouri River it's the same. The Souris is dropping slowly, but there are still 4000 homes in the water, most were out of the 100 year flood plain, many outside of the 500 year flood plain. That's going to dent the Durum crop as well.
Crop Planting Exceeds Expectations, Easing Fears Of Shortages And Food Inflation