The US government used to buy something like 10% of the entire US wheat harvest for international aid programs. Losing this, combined with a collapse in soy bean exports, are causing prices to fall.
The article is about corn and soybeans. there is very little overlap with wheat farmers since there is typically a lot more money in corn+soybeans. You grow wheat because your climate cannot grow corn.
PieFed
cm0002
Share on Mastodon
Share on Reddit
Share on WhatsApp
The US government used to buy something like 10% of the entire US wheat harvest for international aid programs. Losing this, combined with a collapse in soy bean exports, are causing prices to fall.
The article is about corn and soybeans. there is very little overlap with wheat farmers since there is typically a lot more money in corn+soybeans. You grow wheat because your climate cannot grow corn.