07-29-2022, 05:43 AM
(07-28-2022, 05:43 AM)Ccat Wrote: The price of wheat is determined by the market: supply vs. demand. It’s the one of the most competitively priced things on earth.
MS Ag Econ, 1975, UC Davis (rated as the best Ag Econ dept in the world) and 43 years of hands-on, “money where your mouth is” farming experience.
You don’t want to be a wheat farmer: brutal economics.
Ccat
Wheat is in high demand during food shortages and famine.
If prepared and stored correctly, it can remain viable for 30 years.
It is a great time to be a wheat farmer.
You might have noticed russia invade ukraine to seize control of their wheat supply.
Even Putin is getting in on the commodities action. Although I doubt many noticed.