Wheat and More…or Less

How Booms Die

As they say, “In front of every silver lining, there’s a dark cloud.” The silver lining was the good years in farming of 2021 and 2022. And the dark cloud, well, that’s what’s staring us in the face right now. Indeed, the good years were good. After wheat prices soared to $12 and $13/bushel locally when Russia invaded Ukraine, so did net farm incomes. As measured by the Kans...

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