IDAHO WHEAT COMMISSION

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Idaho Agriculture: Strong Harvest, Weak Prices

While some farmers in the region have finished their harvests, others are delaying due to poor wheat prices, with soft white wheat selling for less than $6 per bushel. U.S. Wheat Associates attributed the low prices to last year’s surplus and global oversupply, leading farmers to hesitate in selling. Doug Finkelnburg from the University of Idaho highlighted that this year’s weather resulted in a strong winter wheat crop but hurt spring wheat, which is seeing below-average yields. He also noted that while fertilizer and fuel costs have decreased, they haven’t balanced out the low grain prices.