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îÁ: Wheat prices

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16-04-2003, 09:44 AM

Larry Caldwell

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îÁ: Wheat prices

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if it needs wheat so badly why on earth is it so cheap.

What do you want, Jim? I just looked up the Portland prices. #1 hard
red winter wheat is bid $5.45, twice what it was a couple years ago, and
soft white is around $4.65, up $1.30 from last year, with February
futures 10 cents higher. Most farmers are looking at a net of $150-$250
per acre, depending on yields. That will pay the mortgage.

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