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Local News - Local News - August 16, 2012
Wheat prices rise; good Inland Northwest crops eyed
Yields likely to be lower than last year, but still above average

By Treva Lind
Of the Journal of Business

Glen Squires, of Spokane-based Washington Grain Commission, says expenses for farmers have risen as well.
Glen Squires, of Spokane-based Washington Grain Commission, says expenses for farmers have risen as well.
—Staff photo by Treva Lind
Eastern Washington wheat farmers say a run-up in wheat prices in recent weeks is being caused primarily by the severe Midwest drought, as more livestock operators prop up feed supplies with the grain to offset dwindling corn crops.

Meanwhile, industry leaders don't expect this year's wheat production statewide to match the bumper crop of 167.8 million bushels in 2011, but they say conditions favor above-average yields and high quality this year.

The U.S. Department of...


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