Low wheat prices to continue, economist says

From the Capital Press

Northwest wheat farmers will have to rethink the definition of a “good” price during the next few years, a Washington State University economics professor says.

Farmers were not happy with wheat priced at $5.99 per bushel last year, said Randy Fortenbery, professor and small grains economist at WSU. However, USDA forecasts average wheat prices at roughly $5 per bushel this year. Read the rest of the story here.