You are wrong and the drought attribution is correct: Winter wheat is the dominant variety in the U.S. and is (and is projected to be further) down due to drought.

"a severe drought in the U.S. Plains has curbed production of hard red winter wheat, the largest variety grown in the U.S... The USDA projected U.S. wheat production in the 2026/27 season at 1.561 billion bushels, down from 1.985 billion in 2025/26, as a severe drought in the U.S. Plains was likely to slash the hard red winter wheat crop by 25% from a year earlier."

"The USDA rated just 28% of the U.S. winter wheat crop in good-to-excellent condition in a weekly crop conditions report on Monday, the lowest rating for this point in the growing season in four years."

This was mentioned in the very first sentence, it's the very first attribution of falling wheat harvest.

Yes Hormuz and rising oil costs are also a factor, a secondary one since they are impacting spring wheat planting decisions as you mention.