From U.S. Wheat Associates
Wheat growers do not need a USDA report in one hand and a slide rule in the other to conclude that escalating production costs are outpacing increases in crop revenue.
Nor do they need an economics degree to locate the heart of the matter.
“The numbers we are putting in are racing past the numbers we are getting out,” is how Oklahoma farmer Michael Peters sums it up. Read the rest of the article here.