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Commodity prices rising, but not as fast as costs

Didier: Farmers may face break-even year

ELTOPIA — With world politics and economics unstable, agriculture leaders are noting the value of local commodities has increased, but so have costs.

The U.S. Wheat Association reported a rise in wheat pricing by an average of 23 cents. Corn rose 20 cents and soybeans rose 29 cents in their third weekly price report for the month of July.

The report noted the price hikes may be due in part to the European Union’s request that the ban on Ukrainian wheat imports be extended as well as the subsequent Russian bombing of the Ukrainian port Odesa.

Franklin County Commissioner Clint Didier operates a...

 

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