Special Report
Shrinking wheat acreage ‘boils down to economics’
A wheat grower says he’s concerned, but not surprised by decreasing U.S. wheat acreage. Gordon Stoner’s wheat fields hug the Canadian border in northeast Montana. He says 2017 was the driest on record.
“The possibility of raising a crop in 2018 in pretty slim,” Stoner told Brownfield Ag News at Commodity Classic in Anaheim.
Beyond that, the trend of dropping U.S. wheat acreage is easily explained.
“Sure,” said Stoner, “it boils down to economics.”
In addition, Stoner, the immediate past president of the National Association of Wheat Growers, says in the last thirty years, Russia has transformed itself from a wheat deficit country to a prolific producer of wheat.
“Today Russia is the world’s largest wheat exporter,” he said, “just a truly remarkable turnaround from being a wheat deficit importing country to the largest exporter; so, there’s a lot of wheat in the world.”
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