date:Dec 15, 2015
ocks of wheat in the US are putting downward pressure on the wheat price. According to Padgett many farmers arent even breaking even with wheat prices at their current level.
Prices are depressed. You have to put pencil to the paper, he says, if you cant make it cash flow, you cant grow a crop.
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Wheat acres across the country have declined. This is particularly true in the southern s